Productivity Secrets?

01 Apr 2016 8:02 PM | John Heap (Administrator)

What are the secrets to productivity development at the national level?

Well, after many years experience in a range of countries, I would have to say "Don't ask me".

Thee is no panacea, no golden bullet.

If I had to offer any advice, it would be to ;

  • Get the macroeconomy right - reduce regulation, open up markets
  • Invest in infrastructure (especially communications - roads, ports, airports - and telecommunications)
  • Invest in skills  (basic, vocational and technical).
  • Be lucky!

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