Productivity latest publications
In April 2019, formal employment reached a figure of 20.38 million, representing an annual growth rate of 2.4%. This is the lowest rate since 2010 in the aftermath of the last recession and confirms the decreasing trend of formal job creation since May 2018.
The question with which I begin this column has two messages at its core: trust in Colombia exists at the international and local level and we must maintain that in the coming years. Maintaining trust is an ongoing process and things need to be done every day to achieve it.
About the recently introduced funding law in Congress, many healthy debates have arisen about the role it could play in the recovery of the economy. The articles have some things that could help, but it is vital to emphasise that the right path to take is to improve productivity beyond the tax issue.
The Spanish economy is on a clear expansionary path. Activity and employment are recovering, but low levels of productivity persist, and this depresses competitiveness and long-term growth potential while keeping wages low. And yet this is nothing new.
The new government must solidify its ongoing economic recovery by laying the foundations for better economic performance in the medium term. Growth will no longer depend merely on capital investments and population growth. 48% of the people now working under the table will need to be brought into the formal economy and prod…
Factors that pre-date the crisis such as globalization, innovation, demographics and productivity explain bulk of persistent undershooting of the inflation target. Although there is a more tenuous relationship between labor market slack and wages, some further tightening could help lift prices above the 2% target in the me…
En medio de las discusiones sobre las perspectivas de crecimiento de Colombia a corto y mediano plazo siempre está presente la pregunta sobre cómo aumentamos la productividad.
Rising dependency ratios explain prolonged period of slow productivity growth. Subpar growth and low interest rates to persist. Structural reforms are needed to boost productivity and encourage innovation