Asia Global Institute

America’s Widening Productivity Gap

Monday, February 6, 2023

America’s Widening Productivity Gap

Amid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.

Asia Global Institute Advisory Board Chairman and Nobel Laureate Michael Spence and Belinda Azenui said that unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.

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Author

Michael Spence

Advisory Board Chairman, Asia Global Institute

Michael Spence

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