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An Analysis of EU and US Productivity Developments

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Release : 2004
Genre : Competition, International
Kind : eBook
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Book Synopsis An Analysis of EU and US Productivity Developments by : Cécile Denis

Download or read book An Analysis of EU and US Productivity Developments written by Cécile Denis. This book was released on 2004. Available in PDF, EPUB and Kindle. Book excerpt:

Global Productivity

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Release : 2021-06-09
Genre : Business & Economics
Kind : eBook
Book Rating : 093/5 ( reviews)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe. This book was released on 2021-06-09. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Divergences in Productivity Between Europe and the United States

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Author :
Release : 2007
Genre : Business & Economics
Kind : eBook
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Book Synopsis Divergences in Productivity Between Europe and the United States by : Gilbert Cette

Download or read book Divergences in Productivity Between Europe and the United States written by Gilbert Cette. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: Papers from a seminar held at the Royaumont Abbey on 22 and 23 March 2004, and organized by the Banque de France, CEPII, and the Ifo Institute for Economic Research at the University of Munich.

Working Hours and Job Sharing in the EU and USA

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Release : 2008
Genre : Business & Economics
Kind : eBook
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Book Synopsis Working Hours and Job Sharing in the EU and USA by : Tito Boeri

Download or read book Working Hours and Job Sharing in the EU and USA written by Tito Boeri. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: Why do Europeans work so little compared to Americans? Can they be induced to work more without reducing labour productivity? This volume explores these questions and more in order to understand the changing nature of the hours worked in the USA and EU, as well as the effects of policies that impose working hour restrictions.

Innovation, Employment and Growth Policy Issues in the EU and the US

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Release : 2009-07-21
Genre : Political Science
Kind : eBook
Book Rating : 310/5 ( reviews)

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Book Synopsis Innovation, Employment and Growth Policy Issues in the EU and the US by : Paul J.J. Welfens

Download or read book Innovation, Employment and Growth Policy Issues in the EU and the US written by Paul J.J. Welfens. This book was released on 2009-07-21. Available in PDF, EPUB and Kindle. Book excerpt: Economic development has cyclical dynamics and long-term dynamics – the latter are typically related to demographical changes, innovation and long-term insti- tional changes in open economies. Financial markets – that means mainly capital markets – and labor markets are affected in OECD countries both by innovations and institutional reforms. As regards demographics ageing is a typical challenge on both sides of the Atlantic, and pension reforms in industrialized countries have placed greater emphasis on capital markets than in previous decades. Innovation dynamics certainly are also quite important for all high wage OECD countries. The Lisbon Agenda has put particular emphasis on more growth, higher innovation dynamics and better exploitation of the advantages of a digitally networked society. Traditionally, the US has a lead in global innovations, and the US policy certainly has contributed to the American technological leadership. There still is a per capita income gap in favor of the US and the US labor market situation also looks relatively favorable, but in the ?ve years since 2001 employment growth in the euro area was higher than that of the US. The euro area is, however, a rather heterogeneous set of countries which differ in terms of institutions, attitudes and reform progress – and everywhere governments are aware that there have to be reforms, not least in the context of globalization which bring a more complex and dynamic spatial structure of value-added.

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