3. The Lasting Damage from Financial Crisis
to U.S. Productivity
Key Points
What the article is about?
• Correlation between credit conditions
• Total factor productivity growth during the financial crisis
Total factor productivity went down in the market leading to
• Banks becoming less lenient
• More selective on their lending terms
Distress in credit that many people in the United States experience
Total factor productivity growth slow rate to only 0.6% in 2010-2014
4. Employee Productivity, Employment Growth,
and the Cross-Border Acquisitions by Emerging
Market Firms
Key Points
This study examines the relationship between cross-border acquisitions and employee
productivity
These acquisitions are strategic:
• 1. It could be used to allow the acquirer to gain market share
• 2. The acquirer can buy out another company to gain advanced technology and/or knowledge
• 3. Acquisition can happen when a company wants to purchase a supplier
This study examined companies who have recently acquired and merged with another
Measured productivity as net sales per employee
They examined companies from developed nations
And less developed nations
5. Administrative Values and Public Personnel
Management: Reflections on Civil Service
Reform
Civil service reforms implemented over the past three decades:
• Numerous nations around the world have loose conventional justify framework
rules
• Decentralized the work force
• Expanded organization and administrative caution
Reforms have been to boost:
• government productivity
• increment the effectiveness of center faculty administration capacities:
• such as enlisting and terminating representatives
