Productivity /:
Since the 2008 financial crisis, the UK's productivity has fallen dramatically and now lags behind that of other European countries, most notably Germany. For this reason, the word "productivity" looms large in public policy discussions and has become the focus of complex debate. Howe...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Newcastle upon Tyne :
Agenda Publishing,
2020.
|
Schriftenreihe: | Economy, key ideas.
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Since the 2008 financial crisis, the UK's productivity has fallen dramatically and now lags behind that of other European countries, most notably Germany. For this reason, the word "productivity" looms large in public policy discussions and has become the focus of complex debate. However, many find themselves hard-pressed to explain exactly what the term means. Mike Haynes provides a detailed examination of the concept, how it is used, and why it is held by economists to be so important in evaluating the health of modern economies. Haynes maintains that too little attention is paid to why productivity grows or fails to grow in certain contexts as well as the difficulties involved in measuring its scope. Using a range of case studies to illustrate his points, Haynes examines how real world variables such as social welfare, automation and the reorganization of global and local economies interact with measurements of efficiency and output. Further, the book explores the competition in productivity between economically advanced countries in North America and Europe as well as uneven growth in less powerful economies. The book concludes by discussing whether growth in productivity is sustainable or whether productivity is, in fact, no longer the motor of economic growth that it once was and no longer the most appropriate economic indicator for modern economies. |
Beschreibung: | 1 online resource (viii, 183 pages) : illustrations |
Bibliographie: | Includes bibliographical references and index. |
ISBN: | 9781788211482 1788211480 9781788213165 1788213165 |
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520 | |a Since the 2008 financial crisis, the UK's productivity has fallen dramatically and now lags behind that of other European countries, most notably Germany. For this reason, the word "productivity" looms large in public policy discussions and has become the focus of complex debate. However, many find themselves hard-pressed to explain exactly what the term means. Mike Haynes provides a detailed examination of the concept, how it is used, and why it is held by economists to be so important in evaluating the health of modern economies. Haynes maintains that too little attention is paid to why productivity grows or fails to grow in certain contexts as well as the difficulties involved in measuring its scope. Using a range of case studies to illustrate his points, Haynes examines how real world variables such as social welfare, automation and the reorganization of global and local economies interact with measurements of efficiency and output. Further, the book explores the competition in productivity between economically advanced countries in North America and Europe as well as uneven growth in less powerful economies. The book concludes by discussing whether growth in productivity is sustainable or whether productivity is, in fact, no longer the motor of economic growth that it once was and no longer the most appropriate economic indicator for modern economies. | ||
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language | English |
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spelling | Haynes, Michael, 1951- author. https://id.oclc.org/worldcat/entity/E39PCjFQ4b6yGKdPPb679MhQG3 http://id.loc.gov/authorities/names/n84215255 Productivity / Michael Haynes. Newcastle upon Tyne : Agenda Publishing, 2020. ©2020 1 online resource (viii, 183 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier The economy, key ideas Includes bibliographical references and index. Since the 2008 financial crisis, the UK's productivity has fallen dramatically and now lags behind that of other European countries, most notably Germany. For this reason, the word "productivity" looms large in public policy discussions and has become the focus of complex debate. However, many find themselves hard-pressed to explain exactly what the term means. Mike Haynes provides a detailed examination of the concept, how it is used, and why it is held by economists to be so important in evaluating the health of modern economies. Haynes maintains that too little attention is paid to why productivity grows or fails to grow in certain contexts as well as the difficulties involved in measuring its scope. Using a range of case studies to illustrate his points, Haynes examines how real world variables such as social welfare, automation and the reorganization of global and local economies interact with measurements of efficiency and output. Further, the book explores the competition in productivity between economically advanced countries in North America and Europe as well as uneven growth in less powerful economies. The book concludes by discussing whether growth in productivity is sustainable or whether productivity is, in fact, no longer the motor of economic growth that it once was and no longer the most appropriate economic indicator for modern economies. Print version record. Production (Economic theory) http://id.loc.gov/authorities/subjects/sh85107209 Production. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Production (Economic theory) fast Print version: Haynes, Michael, 1951- Productivity. Newcastle upon Tyne : Agenda Publishing, 2020 9781788211468 (DLC) 2020418025 (OCoLC)1122733299 Economy, key ideas. http://id.loc.gov/authorities/names/no2018001215 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2422271 Volltext |
spellingShingle | Haynes, Michael, 1951- Productivity / Economy, key ideas. Production (Economic theory) http://id.loc.gov/authorities/subjects/sh85107209 Production. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Production (Economic theory) fast |
subject_GND | http://id.loc.gov/authorities/subjects/sh85107209 |
title | Productivity / |
title_auth | Productivity / |
title_exact_search | Productivity / |
title_full | Productivity / Michael Haynes. |
title_fullStr | Productivity / Michael Haynes. |
title_full_unstemmed | Productivity / Michael Haynes. |
title_short | Productivity / |
title_sort | productivity |
topic | Production (Economic theory) http://id.loc.gov/authorities/subjects/sh85107209 Production. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Production (Economic theory) fast |
topic_facet | Production (Economic theory) Production. BUSINESS & ECONOMICS Economics Macroeconomics. |
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work_keys_str_mv | AT haynesmichael productivity |