Growth Summit 2023: Chief Economists Briefing
World Economic Forum
00:00
The Importance of Productivity Growth in a Transitional Environment
"I think that it's very important to note that it's only inflationary as long as growth is playing the game along, right? Because if people can't afford higher prices anymore, or if we're getting a negative growth, that is disinflationary," he says. "If we are able to increase productivity at the business level, then what tends to occur is that that increases the supply for the overall economy and global economy."
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