, we use a shift-share instrument with the historical diaspora networks and destination countries' GDP growth rate as a …

contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s …. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a … large sample of countries. We find that de jure capital account openness has a robust positive effect on TFP growth. The … effect of de facto financial integration on TFP growth is less clear, but this masks an important and novel result. We find …

Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT … STORY -- IV. LOW PRODUCTIVITY: DOES THE LEVEL OF DEBT MATTER? -- V. HIGH DEBT AND DECLINING PRODUCTIVITY: THE CASE OF …

-- IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY -- V. IMPLICATIONS FOR MEDIUM-TERM GROWTH -- VI. DETERMINANTS OF …Intro -- Contents -- I. INTRODUCTION -- II. STRUCTURE OF THE ECONOMY -- III. TRENDS IN GDP AND PER CAPITA GDP GROWTH … PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND CONCLUSIONS -- CALCULATING CAPITAL STOCK -- REFERENCES. …

productivity growth. It is not credible that countries with similar incomes had huge differences in their capital stocks. This …The assumption behind popular data on national capital stocks, and therefore total factor productivity, is that …

Over the last thirty years Burundi's low economic growth has led to a significant decline in per capita GDP. The … explain a large part of the weak growth performance for the last thirty years …

We survey the literature on the relationship between macroeconomic stability and inclusive growth and identify gaps in … be on the agenda of all policymakers concerned with promoting inclusive growth. The emerging theory and evidence suggest … a strong role for macroeconomic policies in shaping inclusive growth, both in the short-run and the long-run. The two …

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 …