Tags: Competitiveness | Ireland | WorldEconomicForum

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“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,” Xavier Sala-i-Martin, a professor of economics at Columbia University, said in a statement issued by the WEF. “The best way to address this is for leaders to prioritize reform and investment in areas such as innovation and labor markets.”

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