Technology, Entrepreneurship and Productivity Growth – Where Pakistan stands and where it must go
From the Blog lahoreschoolofeconomics Lahore School of Economics The Twelfth Annual Conference on Management of Pakistan Economy 30 - 31 March 2016 *Technology, Entrepreneurship and Productivity Growth – Where Pakistan stands and where it must go* Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker. Paul Krugman, *The Age of Diminishing Expectations* (1994) Productivity growth is the foundation for rising living standards and a country’s ability to compete in the world market. Productivity improves when producers’ seek to do better in terms of cost as well as quality of what they produce. And this entails tapping new technologies and finding innovative ways opakistanblogs.blogspot.comRead Full Post
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