A Quote by Peter Drucker

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.

Peter Drucker

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Adds Cancer Fat Growth Improving Productivity Volume Without

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Peter Drucker
American - Businessman
November 19, 1909 - November 11, 2005

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

Elvira Nabiullina

Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.

Janet Yellen

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.

Toshihiko Fukui

By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.

Mark Krikorian

Without productivity gains, any growth in GDP is exactly offset by population growth, and the average income stays the same.

Said Musa

My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.

Janet Yellen

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.

William E. Simon

Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand.

Joseph Stiglitz

Growth in productivity has diverged from growth in the share that working people can expect right across advanced economies, but this trend started earlier and has been more pronounced in the U.S.

Mariana Mazzucato

The challenge to our national economies and the collective economy of Europe will become - with the growth of China and the continuing productivity growth of the US - even more intense in the decades to come.

John Hutton

Ambition without knowledge is like a boat on dry land -movie - Karate kid"What is the calculus of innovation?" "The calculus of innovation is really quite simple: knowledge drives innovation, innovation drives productivity, productivity drives our economic growth."

William R. Brody

America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.

Fareed Zakaria

Growth without diversification, technological improvement, and increased productivity is easily reversed: all it takes is a dip in commodity prices.

Arancha Gonzalez

The main cause of Europe's deep fall - the losses of inclusion, job satisfaction and wage growth - is the devastating slowdown of productivity that began in the late 1990s and struck large swaths of the continent. It holds down the growth of wages rates, and it depresses employment.

Edmund Phelps

Properly targeted public investment can do much to boost economic performance, generating aggregate demand quickly, fueling productivity growth by improving human capital, encouraging technological innovation, and spurring private-sector investment by increasing returns.

Michael Spence

If we boost productivity, we can improve economic growth.

Tony Abbott

A Quote by Peter Drucker

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