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years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example …, global growth is likely to slow and become increasingly dependent on knowledge and technology, while the economic costs of …
Persistent link: https://www.econbiz.de/10011276722
financial development and growth — over and above the links via investment — indicating impacts via overall economic efficiency …The recent period of sustained high growth in the United States has drawn attention to its financial system and the … allocation and growth. It provides evidence suggesting that legal and regulatory framework conditions for financial systems, and …
Persistent link: https://www.econbiz.de/10005046107
Israel’s monetary policy framework is broadly sound. Inflation targeting was introduced in the early 1990s, and low single-digit inflation was established by the end of the decade. However, fast transmission from the exchange rate to inflation means the operational challenges differ somewhat...
Persistent link: https://www.econbiz.de/10008552861
economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth.<P>En marche pour la prospérité : Réformer pour poursuivre le rattrapage en Chine<BR>La Chine est bien placée pour ne …
Persistent link: https://www.econbiz.de/10011277005
solution to the budgetary implications of ageing populations. Finally, the paper touches on some development issues, such as …
Persistent link: https://www.econbiz.de/10005046181
and financial policies to incorporate fully the implications of the rapid pro-cyclical growth in financial leverage and …
Persistent link: https://www.econbiz.de/10009003058
semi–formal and informal economy had a significant contribution to the expansion of the private sector. Productivity growth … was strong, but labour utilisation remained very low. Looking forward, higher employment and productivity growth will not …
Persistent link: https://www.econbiz.de/10008752419
In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be …
Persistent link: https://www.econbiz.de/10011098129
legislation could also raise productivity growth for a while in many OECD and non-OECD G20 countries, although the effects are …
Persistent link: https://www.econbiz.de/10008799707
in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade …
Persistent link: https://www.econbiz.de/10008799710