Tag Archive for: "productivity"
Growth without industrialisation?

Despite low world prices for the commodities on which they tend to depend, many of the world’s poorest economies have been doing well. Sub-Saharan Africa’s economic growth has slowed precipitously since 2015, but this reflects …

Graph of the week: learning about learning

An important concept in understanding production efficiency of complex items is the notion of a learning curve. The term has passed into common usage, with ‘steep learning curve’ being synonymous with ‘really hard to master’ …