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The Times Australia

Why has growth slowed globally? It has something to do with technology

  • Written by: Richard Holden, Professor of Economics, UNSW

Even before COVID-19 hit, Australia was experiencing slow growth in GDP per capita and real wages.

There has been a distinctly lower rate of both economic and real wages growth since the financial crisis of 2008-09.

Advanced economies around the world have, to varying degrees, witnessed the same trends. If anything, Australia has done slightly...

Read more: Why has growth slowed globally? It has something to do with technology

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