The scale of the expansion in mining and energy makes it difficult to assess the long-run prospects of Australia’s broader economy. Drawing on expertise from 20 years of productivity studies, this report develops a new analytical framework that acknowledges the complex structural shifts under way. It emphasises the distinct roles of capital and labour, and separates the terms of trade from output. The report discusses scenarios for future growth, finding that concerted action to boost productivity could deliver up to A$90 billion in additional income by 2017. But it also cautions that if productivity growth doesn’t recover, there is a risk that Australia could experience little or no income growth in the future.
Explore Beyond the boom: Australia's productivity imperative by McKinsey Global Institute, Charlie Taylor, Chris Bradley, Richard Dobbs, Fraser Thompson & Daniel Clifton on eBooksStore by Arnlweb. Discover book details, reader ratings, reviews, release information, genres, and related digital books available through the iTunes Store.
This book is part of our growing collection of bestselling eBooks, popular digital reading materials, and trending author releases. Readers can explore similar books, discover new authors, and browse related genres including fiction, romance, mystery, fantasy, business, self-help, educational books, and more.
Our platform helps readers discover highly rated digital books optimized for smartphones, tablets, laptops, and desktop devices. Browse fast-loading book pages, reader reviews, and popular recommendations from bestselling authors worldwide.