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Slow labour productivity is a relevant topic in both emerging and advanced countries. The federal
investment in universities and science in both developed and developing countries is almost identical.
That is why the fund recommends to provide subsidies for quality education and bring universities and
private companies closer.
Countercyclical fiscal policy can help stimulate foreign investments which can make up to 16% that can
raise productivity up to 6%. Government investments are the highest in France and South Korea while
indirect investments from the private sector are quite low.
To raise labor productivity tax breaks for small businesses is ineffective, along with tax cuts on
intellectual property and foreign investments. The International Monetary Fund recommends investing
in research and technology development.