productivity

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Where Has Productivity Growth Gone?

WASHINGTON | By Pablo Pardo | Progress, what progress? We live in an era of endless technological possibilities. Or so they say. We have drones to bomb every soul in the remotest desert; GPS to avoid getting lost while paying a visit to our in-laws (it remains to be seen if that is actually a good thing or not); cellphones to tell us how many calories we have burnt during a walk; robots to play the nurses’ role in hospitals (and sometimes they’re even nicer); and, soon, we will see driverless cars which, according to those who have tried them, are way safer than the current, human-controlled ones. In the meantime, this article is being written from Washington, DC, and it will be edited and posted online in New York, on a London-based website.


toro osborne

Spain contracts but recovers faster than any other euro country

MADRID | After the national office for statistics in Spain confirmed everyone’s suspicions about the country returning to recession, with a -0.3% economic contraction versus expectations of -0.4% , a note from BBVA research team on Spain’s strengths could come handy as a reminder that the #spanic would be still avoidable and this Espan-hole could be safely closed. BBVA analysts explained in its monthly report aptly headlined ‘Leaving stereotypes behind‘ that…