Productivity growth is seen as central to economic development and social progress and drives up wages, living standards for workers and the competitiveness of businesses. So, how are different regions and countries increasing productivity, and can it be done in an inclusive way? In this podcast Professor Gaaitzen De Vries in the Department of Global Economics and Management of the University of Groningen in the Netherlands, and Luca Fedi, Employment specialist of the ILO Productivity Ecosystems for Decent Work project, explore this issue and why it matters.

The trillion-dollar question: does rising productivity lift all boats?

The International Labour Organization (ILO) is a specialized agency of the United Nations and is devoted to promoting social justice and internationally recognized human and labour rights, pursuing its founding mission that labour peace is essential to prosperity.

Today, the ILO helps advance the creation of decent work and the economic and working conditions that give working people and business people a stake in lasting peace, prosperity and progress. Its tripartite structure provides a unique platform for promoting decent work for all women and men. 

Its main aims are to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue on work-related issues.

The trillion-dollar question: does rising productivity lift all boats?

International Labour Org.