Lewis, Christine; Pain, Nigel; Strasky, Jan; Menkyna, Fusako - Economics Department, Organisation de Coopération et … - 2014
The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe …, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries … points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft …