Productivity is a key concept in public policy discussions, but its nature and significance are contested. Michael Haynes' book provides a detailed examination of the concept, how it is used, and why it is important in evaluating the health of economies. It explores why productivity grows or fails to grow in certain contexts and examines the difficulties of measuring its scope. The book also considers whether growth in productivity is sustainable and whether it remains the most appropriate economic indicator for modern economies. Format: Paperback / softback Length: 192 pages Publication date: 21 December 2020 Publisher: Agenda Publishing Productivity is a crucial topic in public policy discussions, yet its definition remains elusive to many. Within economics, there is ongoing debate about its nature and significance, with different perspectives on its importance in evaluating the health of economies. In his book, Michael Haynes delves into the complexities of productivity, clarifying its concept, usage, and the reasons why economists consider it paramount in assessing economic well-being.The book explores why productivity growth occurs or stagnates in specific contexts, examining how real-world variables interact with measures of efficiency and output. It also addresses the challenges of measuring productivity's scope and considers the broader question of whether sustainable growth in productivity is possible at the national and global levels. The book examines whether productivity continues to be the driving force of economic growth, as it once was, and remains the most appropriate economic indicator for modern economies.For individuals seeking a comprehensive, accessible, and balanced guide to productivity, this book will be highly valuable. It provides a clear understanding of productivity's complexities, its role in economic development, and the factors that influence its growth and sustainability. Weight: 264g Dimension: 209 x 148 x 14 (mm) ISBN-13: 9781788211475
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