Potential economic growth is going to slow dramatically over the coming years because of slowing growth in the labor force, due to growing demographic trends, and continued poor productivity performance. (3dpolicy.ca)
Most economists expect potential economic growth to decline from about 3 per cent annually to about 2 per cent over the next ten years, as a result of continued poor productivity growth and a slowing labour force growth as the population ages. (3dpolicy.ca)
We would broadly agree with the International Monetary Fund's (IMF's) recent assessment of a healthier global economy, though it is difficult to envisage politicians using the current expansion to deliver reforms to address the problems such as poor productivity and low wage growth facing many parts of the world. (us.beyondbullsandbears.com)