Why is productivity slowing down—and what does it mean for growth?
Across developed economies—including the UK, France, Japan, and the US—productivity growth has been slowing for decades. This trend appears to contradict the rapid pace of technological innovation, particularly in AI, and the transformative effects of globalisation. So why, despite all this progress, is economic growth falling?
In this episode of Top of the Agenda, Dr Helen Jenkins is joined by Professor Ian Goldin, Professor of Globalisation and Development at the University of Oxford. Together, they explore the paradox of declining productivity in an age of innovation, drawing on Professor Goldin’s extensive experience advising global institutions on economic growth, development, and migration.
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