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macroeconomic stability and trade openness are necessary for productivity growth, they are not sufficient. SMICs need to improve the … contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what …
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ability of a developing country to meet its external obligations while achieving a maximum rate of long-term output growth …
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, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most …
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The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
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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 …
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