Global Productivity: Trends, Drivers, and Policies
- ISBN-10
- 1787859878
- ISBN-13
- 9781787859876
- Category
- COVID-19 Pandemic, 2020-
- Language
- English
- Published
- 2021
- Author
- Alistair Dieppe
Description
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.
Get the book
Other editions
-
- 2021-06-09
- 460 pages
- Ebook
- World Bank Publications
Similar books
-
He Used Thought as a Wife: An Anthology of Poems & Conversations (From Inside)
By Tim Key"In March, Tim Key got locked down, found an orange pen and started writing poems. Then he started writing down his conversations. Zoom, phone, yelled heart-to-hearts from kitchen window to pavement. This book is the result.
-
You Discombobulate Me
By Mark M. ConnorYou Discombobulate Me
-
Handbook of Research on Cyber Approaches to Public Administration and Social Policy
By Fahri Özsungur"This book researches the post-pandemic changes in the functions of social policy and public administration and introduces and guides users through the current best practices, laboratory methods, policies, protocols, and more within cyber ...
-
Caregiving in Quarantine: Evaluating the Impact of the COVID-19 Pandemic on Adult Child Informal Caregivers of a Parent
By Jesse ArcherAbstract: Informal caregivers form a shadow workforce projected to grow even more essential as the U.S. population ages.
-
Cold War Steve - Journal of the Plague Year
By Cold War SteveFollowing the bestselling Festival of Brexit and A Prat's Progress, star satirist Cold War Steve returns with a viral vengeance with his Journal of the Plague Year.
-
Socio-Life Science and the COVID-19 Outbreak: Public Health and Public Policy
By Makoto Yano, Fumihiko Matsuda, Anavaj SakuntabhaiThis open access book presents the first step towards building socio-life science, a field of science investigating humans in such a way that both social and life-scientific factors are integrated.
-
Augury
In Augury, sublime landscapes and natural phenomena take on the surreal and fantastic as the artists capture them through layers of mysticism.
-
New York: Stilled Life
By Gregory PetersonHe's Photoshopped the people out--or else a sunny daylight in--in what must have been shots from the dead of night. But no: This is the capital of the world in lockdown.
-
Coping with COVID-19: Predictors and Mediators of Anxiety and Depression During the Pandemic
By Nicolette CarnahanAvoidant coping predicted state anxiety and depression; more time spent watching or reading COVID-19 related news predicted all three outcome variables; intolerance of uncertainty predicted state anxiety and health anxiety, and looming ...
-
The Impact of COVID-19 on the Careers of Women in Academic Sciences, Engineering, and Medicine
By National Academies of Sciences Engineering and MedicineIt blurred the boundaries between work and non-work, infusing ambiguity into everyday activities.