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This study aims to test within a relatively homogeneous group of small states what differentiates the growth … lower initial incomes, and slower population growth have helped offset some of these disadvantages. On balance, policy …-related factors, together with geography-related disadvantages, have led to growth rates in PICs that are much lower than in other …
Persistent link: https://www.econbiz.de/10011242206
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted …
Persistent link: https://www.econbiz.de/10011242243
probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away …China’s current growth model—which has delivered steady and robust growth for two decades and lifted some 500 … from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward …
Persistent link: https://www.econbiz.de/10011242319
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
improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …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 …
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