1、Edited by Alistair Dieppe Trends, Drivers, and Policies Global Productivity Advance Edition The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, where
2、as the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change and the impact of natural disasters, including the COVID- 19 pandemic. This book is must-readi
3、ng for specialists in emerging economies, but also provides deep insights for anyone interested in economic growth and productivity. MARTIN NEIL BAILY Senior Fellow The Brookings Institution former Chairman U.S. Presidents Council of Economic Advisers This is an important book at a critical time. As
4、 the book notes global productivity growth had already been slowing in the run on to the COVID-19 Pandemic, and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book examines and presents a novel global approach to exami
5、ning the levels, growth rates and drivers of productivity growth. For anyone wanting to understand or influence productivity growth this is an essential read. NICHOLAS BLOOM William D. Eberle Professor of Economics Stanford University The COVID-19 pandemic hit a global economy that was already strug
6、gling with an adverse pre-existing conditionslow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. The book is comprehensive, with an exceptional focus on emerging market and developin