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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 … kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be …
Persistent link: https://www.econbiz.de/10011123829
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
Persistent link: https://www.econbiz.de/10010959463
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
become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …
Persistent link: https://www.econbiz.de/10010790239
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
growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …
Persistent link: https://www.econbiz.de/10010790369
This paper explores the concept of global liquidity, its measurement and macro-financial importance. We construct two sets of indicators for global liquidity: a quantity series distinguishing between core and noncore liabilities of financial intermediatires and a corresponding price series....
Persistent link: https://www.econbiz.de/10010790397
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
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