ROGER MARTIN-FAGG’S LATEST ECONOMIC UPDATE from timscott's blog

This info-graphic titled ‘ROGER MARTIN-FAGG’S LATEST ECONOMIC UPDATE’ provides us an overview of economic trends post covid-19. The author had mentioned that we should expect significant issues with labor supply after the end of first lockdown. The main culprit behind the labor supply issues was reasoned by many as Brexit. However, in his latest economical update, the author claims that the reason behind the labor supply issues is a bit more complex.

Roger says that western governments were informed of the non-existent or mediocre growth in productivity of major economies since 2018. The mediocre productivity growth of major economies was mainly because of austerity course of measures, particularly the collapse in the public-sector investment polices. The public sector is in need of an effective and efficient base from which they will be able to function with telecommunications, sewage disposal, power, water, port facilities, space, and many more, he adds.

However, the prospect changed during the pandemic, and spending whatever was needed to foreclose deaths, discovering vaccination, and maintain productive capacity during lockdown was considered to be paramount. As a result, there has been a respectable increase in the global money supply chain. For more information, please refer to the info-graphic below.




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By timscott
Added Mar 1

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