Why productivity growth is declining in advanced economies Two waves have dragged down productivity growth by 1.9 percentage points on average across countries since the mid-2000s (Exhibit 3). The waning of a boom that began in the 1990s with the first information and communications technology (IC...
Besides, irresponsible killing to avoid snakebite both from poisonous and nonpoisonous varieties is another reason for the gradual declining snake population. According to an intensive household survey in 35 villages in Sundarban, about 22 species (five poisonous and 17 non-poisonous) of snakes have...
China’s strategy is to maintain export-led growth, which aids in generating jobs and enables it, through such continued growth, to keep its large population productively engaged. Since this strategy is dependent on exports, China requires RMB to continue to have a lower currency than the USD,...
We might wonder if this is an example of correlation but not causation. We could propose, for example, that a declining stock market predicts a rising unemployment rate, and that the rising unemployment rate is what really causes weaker tax receipts. However, the recent period invalidates that ...
Despite market shifts, he notes the number of schools that close or merge is "relatively small in a given year." Demographics also play a role. The declining birthrate in the U.S. means colleges compete for fewer undergraduate students. "You look across all institution...
While Pennsylvania is associated with the declining American steel industry and industrial American, agriculture is one of its main industries. For Trump, the challenge this year is defending his record as an incumbent, instead of resurrecting his strategy in 2016, when he cast ...