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predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …
Persistent link: https://www.econbiz.de/10011142138
markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as … growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will … explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them …
Persistent link: https://www.econbiz.de/10010878427
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
Persistent link: https://www.econbiz.de/10010959463
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This …
Persistent link: https://www.econbiz.de/10011245883
in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be …-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public …
Persistent link: https://www.econbiz.de/10011245892
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …
Persistent link: https://www.econbiz.de/10010790232
become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …
Persistent link: https://www.econbiz.de/10010790239
The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …
Persistent link: https://www.econbiz.de/10010790243
find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised …. Furthermore, we find the debt trajectory can be as important as the debt level in understanding future growth prospects, since …
Persistent link: https://www.econbiz.de/10010790245
growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …
Persistent link: https://www.econbiz.de/10010790369