Global Productivity Slowdown and the Role of Technology Adoption in Emerging Markets

• Tác giả: Florian Moelders
• Ngôn ngữ: eng
• Ký hiệu phân loại: 609.17 Historical, geographic, persons treatment
• Thông tin xuất bản: International Finance Corporation, Washington, DC, 2018
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 290723
• Chủ đề: 1. DIGITAL DIVIDE; 2. EMERGING MARKET ECONOMIES; 3. GLOBALIZATION; 4. PRODUCTIVITY; 5. TECHNOLOGY ADOPTION

Tóm tắt

The global productivity slowdown is affecting mature as well as emerging economies and this pattern has been particularly prominent over the past five years. Productivity levels in mature economies are almost five times higher than those of emerging countries, providing ample catch-up opportunities for emerging markets in their efforts to generate growth and eradicate poverty. This article highlights the forces of new technologies and business models as key drivers for emerging and mature economies' productivity and hence future growth patterns. However, emerging markets have to find a way to make good use of available productivity-enhancing technologies and business models that meet their economies' needs and capabilities.