Productivity comparisons: Lessons from Japan, the United States, and Germany

Economic growth provides broad and substantial benefits. When growth is strong, household incomes rise, and wages increase; it becomes much easier to balance budgets and to meet the needs of the poorest members of society. Overall economic growth does not guarantee that everyone in an economy will be better off, but it helps. Strong economic … Continue reading Productivity comparisons: Lessons from Japan, the United States, and Germany