Citation
(2009), "All over the world", International Journal of Productivity and Performance Management, Vol. 58 No. 5. https://doi.org/10.1108/ijppm.2009.07958eab.006
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited
All over the world
Article Type: News From: International Journal of Productivity and Performance Management, Volume 58, Issue 5
Global productivity growth slowed to 2.3 per cent in 2008 from 3.7 per cent in 2007, the Conference Board announced. The group sees productivity growth slowing further to 1.8 per cent this year, which would be the weakest since 2001. Europe suffered a particularly dramatic slowdown in productivity growth, to 0.2 per cent in 2008 from 1.3 per cent in 2007, with many European firms slow to reduce headcount in response to falling output, it said. China’s productivity growth fell from 12.1 to 7.7 per cent as a result of a drop in exports and investment. US productivity edged up to 1.7 per cent from 1.5 per cent after large job cuts.