of growth slowdowns, which are identified as large sudden and sustained deviations from the growth path predicted by a …

The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price … output growth, on average, over time. The analysis highlights the benefits of eliminating structural rigidities responsible …

estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in … potential growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the …

explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them …After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging … 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 …

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

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 …