Productivity paradox rests on rise of zero-sum activities
As societies become wealthier, they also boost services that offer no net benefit.
The importance of productivity to any economy cannot be underestimated. Earlier this year, an OECD review of the New Zealand economy highlighted the lack of productivity growth and therefore the opportunity loss to higher living standards.
It recommended improvements to the education system,
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Productivity paradox rests on rise of zero-sum activities
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