REDUCING CAPITAL EXPENDITURE (capex) is a natural response to low oil prices, so it is not surprising that the industry has deferred or cancelled $200 billion worth of planned investments over the ...
The finance ministry has warned about the ongoing decline in capital productivity and stagnating total factor productivity (TFP), signaling a potential crisis for the country’s economic growth and ...
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The Chosun Ilbo on MSN
KDI: 12 cities' productivity could have drawn 5 million from capital
A new analysis has found that if the productivity of 12 declining local manufacturing cities—including Geoje and Gumi in South Gyeongsang Province, and Yeosu in South Jeolla Province—had grown to the ...
Labor productivity—output per hour worked—drives long-run economic growth. Business leaders looking beyond the next two years will find that their companies’ fortunes are tied to the economy’s growth ...
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