At the macro level, SCP will have an impact on the macro economy, which in turn will affect urban employment. First of all, SCP will generate economic agglomeration, and various factors such as people, capital and technology will flow to the pilot city. The agglomeration of factors will acce...
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Our sector analysis provides an alternative lens to examine the macro trend of declining productivity growth. We find the three waves played out in different ways and to different degrees across sectors (Exhibit 5). Few sectors illustrate how this perfect storm impacted productivity growth across cou...
As those hard-to-do things get automated at a macro level, people should be able to work longer. Retirement won’t be driven by the body physically breaking down but rather by a desire to do something else. We need to attack this in two ways. Are we doing the th...
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There’s no one-size-fits-all solution for building a successful business. However, if we analyse the world’s leading companies and those that run them, we can start to see some common themes. To find your way in the world of entrepreneurship, the best way to learn is often by doing...
Married women often manage separate farm plots in addition to working on joint plots managed by their husbands. Women generally control the outputs from their own farm plots, and while they benefit from the plots managed by their husband, they do not control the outputs. Data indicate that ...
Humans require multiple natural resources for their wellbeing and assign different portions of their efforts to secure resources due to their limited time and energy. When one resource is scarce, it may be replaced with a substitute which may fully or pa
Over the next two decades, the median age will rise from 43 to 50 in Japan and from 42 to 51 in Italy. Across the triad, the working population will stagnate or shrink, while the number of retirees will explode...
China's working-age population has been in decline since 2012 and could fall by more than 20 percent by 2050.9 Productivity will need to compensate for employment declines in order for GDP growth to acc...