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Published 14 days ago

Why is productivity so low in the country?

Summary by La Nación, Grupo Nación
The economy will not significantly or sustainably grow unless productivity substantially increases, that is, the efficiency with which different production factors are used: labor, capital, and natural resources. Productivity increases when more goods and services are produced with the same amount of factors, or the same number but with fewer production factors: labor, capital, and natural resources. Productivity is the fundamental driver of lon…

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