World Must Prioritize Productivity Reforms to Revive Medium-Term Growth

The world economy faces a sobering real­ity. The global growth rate—stripped of cy­clical ups and downs—has slowed steadily since the 2008-09 global financial crisis. Without policy intervention and leveraging emerging tech­nologies, the stronger growth rates of the past are unlikely to return. Faced with several head­winds, future growth pros­pects have also soured. Global growth will [...]

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