Looking again at Figure 1, in the 42 years from 1974 to 2016, when labor productivity was growing on average at a rate of 1-3/4 percent, it would have taken approximately 41 years for labor productivity to double.
The needs of citizens globally have grown over the last 18 months as lives and livelihoods have been upended by the pandemic, which has adversely impacted implementation of the Social Development Goals (SDGs) and threatened the vision of shared prosperity for all by 2030.