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    Will the Productivity Revolution Be Postponed?

    Barry Eichengreen

    US President Joe Biden clearly has bet on faster productivity growth to pay for his $4.1 trillion American Jobs Plan and American Families Plan. But history suggests that any acceleration of productivity growth is likely to be delayed – perhaps by decades.

     draws a parallel between the present and the decades preceding and following the 1918-20 influenza pandemic.
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  4. mazzucato27_JAN KARE NESSAFP via Getty Images_norway JAN KARE NESS/AFP via Getty Images

    Waking the Norwegian Green Giant

    Mariana Mazzucato & Rainer Kattel

    As one of the world's leading exporters of natural gas, Norway faces a unique challenge in a world that is increasingly moving away from fossil fuels. The country has all the financial, technological, and human resources it needs to thrive in a decarbonized future; what's missing is policy leadership.

     explain how the country can use its oil wealth to lead, rather than undermine, the clean-energy transition.
    0

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