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This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP … factor productivity and population growth assumptions is significant, however, and compounds with deeper sources of …
Persistent link: https://www.econbiz.de/10005046027
will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … rate, which potentially harm economic activity. To improve the sustainability of growth, revenues from non …
Persistent link: https://www.econbiz.de/10011276855
requiring plausible long-term projections of economic growth by country or region. The workshop included presentations by …
Persistent link: https://www.econbiz.de/10005046090
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … the links between infrastructure and growth and the role of public policies, reports the results on the links with growth …
Persistent link: https://www.econbiz.de/10005046058
This paper investigates the effect of product market regulations on the international diffusion of productivity shocks. The empirical results indicate that restrictive product market regulations slow the process of adjustment through which best practice production techniques diffuse across...
Persistent link: https://www.econbiz.de/10005046117
productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and …
Persistent link: https://www.econbiz.de/10011276729
Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy … reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic … growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin …
Persistent link: https://www.econbiz.de/10011276802
productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and …
Persistent link: https://www.econbiz.de/10011276889
gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …
Persistent link: https://www.econbiz.de/10011276904
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of …
Persistent link: https://www.econbiz.de/10005045612