Why we shouldn’t overstate the pandemic’s effect on productivity growth 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Philipp Carlsson-Szlezak, Global Chief Economist, Boston Consulting Group & Paul Swartz, Director and Senior Economist, BCG Henderson Institute The secular growth of services has been a significant drag on aggregate productivity growth – but the shock of COVID […]

The secret of productivity growth is not technology

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Philipp Carlsson-Szlezak, Global Chief Economist, Boston Consulting Group & Paul Swartz, Director and Senior Economist, BCG Henderson Institute Technology fuels productivity growth but tight labour markets provide the spark for this growth because firms typically need to make […]

Manufacturing reimagined: from improved productivity to profitable growth

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katy George, Senior Partner, McKinsey & Company Manufacturers are revamping their growth strategies as COVID-19 continues to cause uncertainty. Maximizing productivity is no longer enough. Instead, they should look to Fourth Industrial Revolution technologies to increase resilience, sustainability […]

Belgium: keep up reforms to increase employment and productivity growth

This article is brought to you in association with OECD. Belgium’s tax, labour, pension and education reforms have improved the potential for stronger, sustainable and inclusive growth over the long term. Keeping up this momentum on structural reforms is key to energise the economy and keep it resilient to external risks and uncertainties, according to a […]

SMEs are driving job growth, but need higher investment in skills, innovation and tech to boost wages and productivity

This article is brought to you in association with OECD. Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook highlights that most SME […]

IMF: World cup and productivity

This article is brought to you in association with IMFBlog on the occasion of Russia World Cup Written by IMFBlog The World Cup and productivity.  Two of our favorite topics, together in one chart.   How much your productivity—the amount you produce per hour of work—takes a hit during the World Cup depends on where you […]

Why Europe is more competitive than the US

  The commonly recited rough theory, that Eurozone economy is less competitive than the US, is not confirmed by core statistics. The European Sting has repeatedly stressed that Eurozone is by far a net exporter of sophisticated products and services, while the US suffers of a chronic and probably structural, foreign trade deficit. In this […]

Why Europe’s high productive performance is discredited?

Eurostat, the EU’s statistical service, released data on Eurozone’s foreign trade showing that during 2012, euro area trade in goods recorded a surplus of €81.8 billion, outperforming the most optimistic predictions. This is not however the only good news for Eurozone external accounts for last year. Traditionally Eurozone records also a hefty surplus in international […]