This paper investigates the causal relationship between financial development and economic growth in Libya during the … long-run relationship between financial intermediation and nonhydrocarbon output growth. The OLS estimation shows that … financial development has a statistically significant negative effect on real nonhydrocarbon GDP per capita growth. However, the …

The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …, first, dynamics for private consumption, non-residential business investment, and exports since 2008 is dominated by …

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 …

support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to …

of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then …

This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the … GDP indicate non-oil export volumes are relatively responsive while service exports are less responsive. Downward … revisions to global GDP growth for 2011–14 have impeded export performance, and the possibility of disappointing GDP growth in …

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 …

Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This …

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 …