Will Europe’s young workers have to pay more for the old?
The Inquiry
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The Importance of Productivity in Economic Growth
Productivity has been slowing down in pretty much of the western world. There are multiple reasons for that, including investment cutbacks or time delay between a business adding new technology and seeing results. The employment pool is shrinking on all sides - some people choosing to cut back while others retiring. And we see that the increase in pension ages has really gone up slowly; many countries are moving on it slower than other countries.
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