Erratic productivity levels (click to see full size)

It’s not just babies we have to produce more of

This is a follow up post to Beware the ageing population false dilemma. Here I elaborate on the two main areas the government should focus on to counter low birth rates and an ageing population. Raising productivity Sometimes, it seems like productivity is the ugly step-sister in the family of economic figures that our government is keen to keep locked up in the spare bedroom. At other times, it is an afterthought, or a nice to have. While we boast of years of strong GDP growth, it is important to remind ourselves once again what went into such stellar performance….