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Asia, led by China, surpasses Europe in productivity growth due to high investment and long-term policies, shifting the global economic center eastward.
Asia, led by China, has become the global productivity leader over the past two decades, with China’s labor productivity rising 170% from 2005 to 2024, far outpacing Europe.
Major European economies saw only 2% to 14% gains, reflecting deep structural challenges including low investment, aging populations, high costs, and regulatory burdens.
OECD productivity growth averaged 0.6% in 2024, with Europe underperforming.
Asia’s rise stems from sustained high investment, modern infrastructure, urbanization, and long-term policies in education and technology, enabling leadership in electric vehicles, robotics, digital payments, and 5G.
Europe’s stagnation is structural, not cyclical, and the global economic center is shifting eastward.
Asia, liderada por China, supera a Europa en crecimiento de la productividad debido a la alta inversión y políticas a largo plazo, desplazando el centro económico global hacia el este.