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Looking to 2060: Long-Term Global Growth Prospects: A Going for Growth Report

Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2012

This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...

Persistent link: https://www.econbiz.de/10011276725

Long-Term Growth Scenarios

Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2013

This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...

Persistent link: https://www.econbiz.de/10011276784

China's March to Prosperity: Reforms to Avoid the Middle-income Trap

Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced 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...

Persistent link: https://www.econbiz.de/10011277005

Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level

Scarpetta, Stefano; Bassanini, Andrea; Pilat, Dirk; … - Economics Department, Organisation de Coopération et … - 2000

This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical...

Persistent link: https://www.econbiz.de/10005049024

Structural Reforms to Boost Turkey's Long-Term Growth

Gönenç, Rauf; Röhn, Oliver; Koen, Vincent; Saygili, … - Economics Department, Organisation de Coopération et … - 2012

Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara...

Persistent link: https://www.econbiz.de/10011276807

Sluggish Productivity Growth in Denmark: The Usual Suspects?

McGowan, Muge Adalet; Jamet, Stéphanie - Economics Department, Organisation de Coopération et … - 2012

Despite sound policies and institutions, Danish productivity has grown modestly over the past decade, both historically and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness. An examination of the four potential drivers of this puzzle, namely...

Persistent link: https://www.econbiz.de/10011276949

Product Market Competition and Economic Performance in Hungary

Gjersem, Carl; Hemmings, Philip; Reindl, Andreas - Economics Department, Organisation de Coopération et … - 2004

The establishment of competitive markets has been one of the cornerstones Hungarian economic policy over the past decade, alongside a successful strategy of attracting foreign investment. Broad statistical measures show no signs of endemically weak domestic competition, though the country’s...

Persistent link: https://www.econbiz.de/10005045724

Recent Trends and Structural Breaks in US and EU15 Labour Productivity Growth

Turner, Laure; Boulhol, Hervé - Economics Department, Organisation de Coopération et … - 2008

This paper examines shifts in labour productivity growth in the United States and in Europe between 1970 and 2007 based … the EU15 based on observed data, which seems to be due to both the initial catch-up of Europe and the halt of the … croissance de productivité du travail aux États-Unis et en Europe entre 1970 et 2007 à partir de tests de rupture de tendance. Il …

Persistent link: https://www.econbiz.de/10005045892

Improving School-to-work Transitions in New Zealand

Bibbee, Alexandra - Economics Department, Organisation de Coopération et … - 2013

The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways. Average PISA...

Persistent link: https://www.econbiz.de/10011276931

Policies to support sustainable long-term growth in New Zealand

Cheung, Calista - Economics Department, Organisation de Coopération et … - 2013

As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...

Persistent link: https://www.econbiz.de/10011276855

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