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Productivity might be desirable, but is it really measurable?

Notwithstanding the recent volatility in equities, economists have tended toward a degree of buoyancy in recent months. The International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD) see world GDP increasing by 3.7% this  year, which would make 2017 and 2018 the strongest two growth years since 2010-11. Moreover, the IMF […]