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Posted: 2025-06-01 06:25:50 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-01 06:26:09 UTC
Verified By
Rollup News
The secret weapon of developed economies is strong domestic demand and consumption. Australia's total population is similar to Shanghai's, around 26 million, but its GDP is roughly equivalent to that of Beijing, Shanghai, and Guangzhou combined. This is achieved while implementing a 4-day work week with almost no overtime.
Strong domestic demand and consumption are key to developed economies.
Australia's high GDP despite a similar population size to Shanghai.
Implementation of a 4-day work week with minimal overtime in Australia.
Maintaining high GDP with a smaller population.
Implementing a 4-day work week without reducing productivity.