Why productivity growth still matters and other top economic stories of the week

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Inclusive Growth Framework
A list of some of the week’s most interesting stories on economic growth and social inclusion.
How central banks have contributed to slow productivity growth. (Project Syndicate)
Michael Spence and Sandile Hilatshwayo on why productivity growth matters less but still matters. (Project Syndicate)
And an older, but very interesting post about economic ideas we should forget. (Vox)
A balooning real estate sector in China. (The New York Times)
Another investment boom into BRICs? (Bloomberg)

Normalizing monetary policy creates risks. (Financial Times, paywall)
A recent BIS report finds that globalization hasn’t peaked. (Reuters)
Kaushik Basu lays out a 50 year scenario for the global economy. (Project Syndicate)
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