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Video29 Dec 2021

Can Productivity Reduce Risks of a Debt Ratchet?

In this webinar we discuss whether productivity can improve the macro-economic outlook.

Currently there is much debate over the interplay between high public debts levels, rising inflation and interest rates. A healthier path towards debt reduction could come from rising productivity. However despite buoyant innovation activity, high levels of capital investment and rising corporate capex, productivity levels have been underwhelming. Following a report titled ‘Why is Productivity slowing down’ from the Oxford Martin School, we debate the findings with the authors and ask if a digital super-cycle can improve the outlook.   


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