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Economic growth is something that is important to every global citizen today.

But it’s not something to necessarily take for granted – we are certainly not “owed” long-term growth. We must earn it. And above all, we must continue innovating to become more efficient.

Simultaneously, society must collectively address the major issues that we’re inevitably set to face within this century if we wish to ensure that future generations live better than their predecessors.

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#Growth #Economics #Stimulus

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Sources & Citations –

Gordon, R.J., 2012. Is US economic growth over? Faltering innovation confronts the six headwinds (No. w18315). National Bureau of Economic Research.

Lipsey, R.G., Carlaw, K.I. and Bekar, C.T., 2005. Economic transformations: general purpose technologies and long-term economic growth. OUP Oxford.

Mokyr, J., 2005. Long-term economic growth and the history of technology. In Handbook of economic growth

Sachs, J.D. and Warner, A.M., 1997. Fundamental sources of long-run growth. The American economic review

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