Productivity in the world economy varies by country and region, but recent data shows that growth is slowing in developed countries. While technological innovation progresses, changes in the labor market and aging of the population are hindering productivity improvements. Although productivity has increased in some emerging countries due to industrialization and the development of the service industry, overall inequality is widening. The spread of digital technology is considered the key to improving productivity, and many companies are focusing on automation and introducing digital tools.
