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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
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
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
maintaining high public investment levels. We use the model of public investment, growth, and debt sustainability in Buffie et al …
Persistent link: https://www.econbiz.de/10010790412
Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in … historically, this growth model appears to have run its course. The analysis in this paper suggests that the decline in the … contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …
Persistent link: https://www.econbiz.de/10011123829
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 … effects of the HIPC Initiative on growth. Such evidence suggests that the HIPC Initiative and MDRI have helped HIPC …
Persistent link: https://www.econbiz.de/10011123843
Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries real GDP per capita to examine this...
Persistent link: https://www.econbiz.de/10011242187