This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple … accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find … a sizeable drop in Canadian potential growth in the short term. The estimated decline of about 1 percentage point …

so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty … in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use … as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth …

Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers … with a reduction of global growth of just under one-tenth of a percentage point. The impact is about five times larger than …

We investigate the relation between changes in tax composition and long-run economic growth using a new dataset …-income countries. To our knowledge this is the most comprehensive and up-to-date dataset on tax composition and growth. We find that … increasing income taxes while reducing consumption and property taxes is associated with slower growth over the long run. We also …

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly … promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which … supports labor market reforms can boost longer-term growth. However, despite rapid increases recently - albeit from a low base …

times. An inflation shock only slightly reduces the debt ratio for a few quarters. A positive growth shock unambiguously …

and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the …

This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the … output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall … capital explains about 30% of the growth differential among sample countries …

We assess econometrically the impact of asset shortages on economic growth, asset bubbles, the probability of a crisis … shortages pose a serious danger to EMs in terms of reducing economic growth, raising the probability of a crisis, and leading to …