The Great Productivity Slowdown


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The Great Productivity Slowdown

Growth productivity has slowed down in the recent years creating a headache for the government and the citizens on the way forward on the need to create a stable environment for business growth. This slowdown has been recorded in all sectors of production and growth industries including information and technology sector even though there has been a boom in the sector (Kravis, 2017).

The Great Productivity Slowdown

The growth productivity slowdown has continued from the 90’s to the current millennium even though there has been growth in the information and technology sector. Slow growth in productivity means that the effects would create more inequality while increasing public and private debt making it hard for the governments to create equality. However, there is conflicting information from economists on the lack of enough financial information and data to back those claims.