Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in … historically, this growth model appears to have run its course. The analysis in this paper suggests that the decline in the … contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …

predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …

Following very strong growth during the period 2000–12, emerging market economies (EMEs) experienced a slowdown in … the last couple of years. This paper examines the supply-side drivers of the strong growth performance of 63 EMEs and … investigates if the recent slowdown in growth is transitory or a more permanent phenomenon. We find that on average the recent …

the so-called development planning technique, which has the Harrod-Domar growth model at its base. Two particularly … productivity growth rate or a major boost to domestic savings and investment in sub-Saharan Africa. In the absence of such changes …

on economic growth. However, we find sizable welfare gains, 1 to 28 percent of permanent consumption though, consistent … with the literature, the gain in the economic growth is ambiguous, -0.2 to 0.7 percent. We apply a canonical growth model …

The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and … illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP … since 1970. The data show that the growth performance of many poor countries has been disappointing: most of the “developing …

This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework …

Swiss growth performance in the past quarter century has been mediocre. The paper finds that conditional income … convergence contributes significantly to slow growth and the poor performance of the domestically oriented sectors has been a drag … on growth. However, slow growth is not inescapable. Faster growth would require raising total factor productivity growth …