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Growth Slowdown, Precarious Recovery
The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.
Productivity Growth in the Nordic Countries : An Appraisal of Analysis, Data and Methodological Information »
Series: Nordic Council of Ministers
Publisher: Nordic Council of Ministers
Publication Date: 01 June 2005
Keywords: Nordic, Norden, Baltic, Baltics, Country's Growth Rate, Labor Productivity and Relative Productivity, Economic Growth, Economy and national budget, Standards of Living, Development of Labor Productivity
Even small increases in a country's growth rate can result in large changes in living standards over just one generation. This key insight, which often seems to be forgotten by policymakers, is an important reason...