Economic growth

Links between innovation, productivity, and economic growth

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In this McKinsey Explainers, we define what economic growth is and explore how GDP (Gross Domestic Product) and economic output shape the world around us.

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Capital markets play a pivotal role in the economic ecosystem, serving as channels for the allocation of financial resources from...

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In summary California employers, workers and residents must commit to creating a shared prosperity. By Michael Tubbs Michael Tubbs, former mayor of Stockton, is the governor’s adviser for economic mobility and opportunity, michaeldtubbs209@gmail.com. Could California’s recovery leave millions behind? It won’t if we take bold, collective action informed by the working Californians who for too […] To keep reading about Bring everyone to the table to achieve equitable economic growth, Click o

Curious about how the Federal Reserve influences the economy? 📉💵 Check out my latest blog post where I dive deep into the Federal Reserve's shift from using open market operations to focusing on the interest rate on reserves. Since October 2008, this change has transformed how the Fed manages economic conditions and impacts everything from interest rates to economic growth. 👉 Read more here: Understanding the Fed’s Interest Rate on Reserves: A New Era in Monetary Policy

Asia is likely to accelerate its pace of economic growth, continue to advance regional production, trade, investment and financial integration and cohesion, and seize ‘Asian moment’ for global economic governance this year, said the Boao Forum for Asia. It estimates Asia’s 2023 weighted real GDP growth rate to be 4.5 per cent, up from 2022’s 4.2 per cent.

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