Tags: Asia | Competitiveness | WorldEconomicForum

[...]

“The new normal of slow productivity growth poses a grave threat to the global economy and seriously impacts the world’s ability to tackle key challenges such as unemployment and income inequality. The best way to address this is for leaders to prioritize reform and investment in areas such as innovation and labour markets; this will free up entrepreneurial talent and allow human capital to flourish,” Columbia University economics professor Xavier Sala-i-Martin was quoted saying by the WEF [...]

- Link to the whole article