productivity growth. On average, no productivity improvements in labour have been recorded since independence. With an investment … to GDP ratio of only 13 per cent during the past decade, significantly higher productivity growth and investment will be … structural reforms and stronger institutions,higher rates of productivity growth will be hard to achieve …

Recurring in Preindustrial Economy -- Chapter 3. Capital Accumulation -- Chapter 4. Productivity Growth -- Chapter 5. Inequality … substantially over the last two centuries, driven by increased labor productivity, and derived from more intense andefficient use of …