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Understanding Productivity

Understanding Productivity

Paperback

Business GeneralGeneral Political Science

ISBN10: 1032549769
ISBN13: 9781032549767
Publisher: Routledge
Published: Jul 30 2026
Pages: 320
Weight: 1.03
Height: 0.70 Width: 6.14 Depth: 9.21
Language: English

A central concern of economists, policymakers and civil society in recent years has been the persistent and widespread slowdown in global productivity growth.

This stands in stark contrast to the robust productivity performance and associated prosperity witnessed across advanced economies in previous decades. The productivity slowdown represents a significant concern because it underpins the tensions emerging from income and wealth inequality, an expanded corporate profit share and geopolitical friction as established and emerging economic powers vie for global market supremacy. History offers numerous examples of technological advancement coinciding with heightened economic uncertainty and political discontent, yet these were also predominantly periods of accelerated productivity growth. This volume delivers a guide to the contested terrain through a diversity of perspectives spanning mainstream economic analysis to institutional and political economy frameworks. It encompasses topics ranging from the definition and measurement of productivity to the function of research and innovation, financialization and business dynamism, management quality and workplace relations and the existential implications and opportunities presented by climate change.

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Business General