the Lisbon Agenda. Economic growth in Europe is enhanced to the extent that: trade in services increases, technology …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

implications of current policies for future public finances. This could be problematic, including in the case of Europe, where …, even in excess of its GDP level, and is projected to worsen further over time. This suggests that Europe’s current policies …

Europe is facing slower growth as a result of protracted financial turbulence and spillovers from the U.S. Meanwhile … risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a …

Europe's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a …

This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …