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2min chapter
The ups and downs of global productivity
The McKinsey Podcast
Exploring Global Productivity Trends and Impact on Wages and Living Standards
The chapter delves into the measurement of productivity, its role in gauging an economy's efficiency, technological advancements, and its influence on wages and living standards. It highlights a historical surge in productivity levels but notes a recent global deceleration in productivity growth rates, especially in advanced economies.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode