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Why Is Technology Not Producing Productivity Improvements?

The Horizons Tracker

The recent Global Innovation Index raised concerns that we’re leaving through a Solow redux, with considerable investments in technology, innovation, and entrepreneurship failing to deliver the kind of productivity improvements that improve the lot of people across society. Official data reveals that while GDP grew by around 2.7%

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The Future Of Business Travel

The Horizons Tracker

We’ve been puzzled by the fact that business travel has been growing faster than world GDP, despite the widespread adoption of alternatives like Skype, FaceTime, email, etc.,” Before the pandemic struck, global business travel was on a seemingly unstoppable upward march and had reached $1.3 the researchers say. “We

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Employee Reskilling Is The Answer to the Talent Shortages At Work

HR Digest

Selecting the right candidates and going through the elaborate processes of getting them ready for the future of their role can seem like a waste of resources and if you don’t want to put all your money on one candidate, then the training budget has to be substantially bigger to accommodate the entire team that needs to evolve.

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Local Solutions Needed To Reduce Labor Shortages

The Horizons Tracker

Globally, unemployment has been at very low levels for some time, creating the impression of a healthy economy. Compared to other countries, the UK spends relatively little of its GDP on active labor market programs, including public employment services.

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Leading Job Growth in the Digital Economy

Harvard Business Review

Consider the global trends cited by Erik Brynjolfsson and Andrew McAfee in a recent interview with HBR. In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances.

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China Wants the U.S. to Avoid the Fiscal Cliff, Too

Harvard Business Review

The world's two most significant economies will both benefit from a swift and sensible resolution of the current federal budget crisis in Washington. They know how to contemplate 10-year, 20-year, and 30-year programs and achieve year-on-year GDP growth that averages no less than 8 percent. The Chinese want stability in America.

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Oil’s Fall Is a Challenge for Gulf Economies, but Also an Opportunity

Harvard Business Review

Saudi Arabia in particular is not only a major player on oil markets and within OPEC, but also the region’s largest economy that shares its vulnerability to sliding global oil prices with its smaller GCC neighbours. After a period of sustained real GDP growth, which averaged around 5.8% of GDP in 2015 and 2016.

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