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

-eligible countries to reach higher growth, but it remains unclear whether this is through higher investment or another channel. Also, the … out strong programs of macroeconomic adjustment and structural reforms designed to promote growth and reduce poverty. Now … that the HIPC Initiative is nearly completed, this paper investigates whether the initiative managed to spur growth, either …

-sustaining growth based on private consumption and investment. This paper finds that Japanese nonfinancial firms have accumulated cash … at the expense of investment and dividends, hampering this transition. The evidence suggests that cash accumulation is … plays only a limited role. These firms have cash holdings available for investment of about 5 percent of GDP. Policy options …

around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and … 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 …

buffers. They also expanded abroad while the pace of corporate investment moderated. Regarding the latter, model estimates on … aggregate corporate investment over the post bubble period show that expectation about future profitability, in particular …

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 …

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 …

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 …

The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …

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 …