"Why do the economy, business, workers, and society need productivity growth?" honorary report by Bart van Ark
Bart van Ark, professor of productivity studies at the Alliance Manchester Business School (AMBS) at the University of Manchester, spoke at the XXII April conference on April 14.
His report, "Why do the economy, business, workers, and society need productivity growth?", focuses on the slowdown in global productivity growth over the past 15 years, reasons for the slowdown, and measures that could revive it. Bart van Ark says to do this, the economy must become more receptive to innovation, which requires a coordinated effort from business, government, and individual workers. There is also a need for a better understanding of the extent to which, and how, productivity growth contributes to people’s welfare.