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 …

Productivity dispersion across countries has led to several studies on the determinants of firm level productivity and … the role of macroeconomic policies in determining productivity. In this paper, we investigate the effect of fiscal … consolidation on firm level productivity in 12 advanced economies by combining an updated dataset of fiscal consolidation measures …

This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian … characteristics, removing these constraints can improve average productivity and investment of firms in Lithuania by 0.51 percent and …

Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …

of investment, civil conflict, economic inefficiencies, state intervention in the economy, and regulatory restrictions …

by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow …

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …

is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …