Morgan Stanley On Productivity Puzzle – GDP Will Take 56 Years To DoubleRupert Hargreaves
Global productivity continues to slow, and this is terrible news for the world economy according to Morgan Stanley. Based on the current levels of productivity, developed market potential output growth indicates that it will now take 56 years for GDP to double as opposed to the previous benchmark of 25 years.
According to Morgan Stanley’s estimates, developed market potential output growth is only 1.25% at present, an estimate that is 0.25 percentage points below the market consensus and official forecasts and a . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click Chat.