Economies around the world have failed to boost productivity levels despite $10 ...
FILE PHOTO: A window with the World Economic Forum annual meeting logo is seen in Davos, Switzerland, January 23, 2019. REUTERS/Arnd Wiegmann
Productivity, a measure of an economy’s ability to generate growth, has become of a matter of increasing concern among policy-makers around the world as headline growth rates remain weak and fears emerge of a new economic slow-down. “What is of greatest concern today is the reduced ability of governments and central banks to use monetary policy to stimulate economic growth,” WEF managing board member and report author Saadia Zahidi said.
The WEF, which hosts the annual Davos meeting of business and political leaders, compiles its index by aggregating findings from its own surveys and other sources such as the World Bank and United Nations bodies.
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