This volume conveys the "state of the art" of contemporary research on productivity growth and international competitiveness--arguably the most important problems facing contemporary economies. It assembles papers by an international roster of leading scholars and focuses on such topics as productivity measurement, accounting for productivity growth, international comparisons of productivity levels and growth rates, the worldwide productivity slowdown, productivity convergence among nations, exchange-rate fluctuations and competitiveness, and the causes of the apparent loss of U.S. competitiveness during the 1980s.
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