Digitization and Good Policies can drive Productivity Gains

by Laura Ehrenberg-Chesler on February 26, 2018

in Economic Indicators,Education,regulation

From the “Wall Street Journal” today:

“Digitization isn’t the only factor economies could embrace to unlock productivity growth. The report calls for policies to encourage education, businesses investment and the purchasing power of low-income consumers.

Rising income inequality since the mid-2000s has been a constant, if moderate, drag on demand, according to the report. If income distribution today were at the same level as in 1985, it says, U.S. consumption would be about 2.5% or $460 billion higher.”

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