Teck, Hoon Hian - East Asian Bureau of Economic Research (EABER) - 2005
economy is able to generate at most 5 percent real GDP annual growth rate (the high end of the range of official medium … economy as we now have become? After all, in a mature economy like the US, the critical real GDP growth rate required to keep … economy matures. As workers adjust their expectations to the reality that the economy has reached a new lower growth regime …