result of low investment. Latin America is poorer because of lower human capital levels and lower TFP-not because of a lower … business climate indicators converge rapidly. Poor countries without those attributes do not. We show that low investment is …

that China's productivity convergence remains at an early stage, with the industrial sector more advanced than services … technology could slow the pace of convergence …

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …

excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …The paper analyzes Jamaica''s experience of low growth despite consistently high investment. Cross-country analysis … provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the …

endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and … significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human … productivity growth that indicates that The Gambia was able to use its resources more efficiently …

Private investment is the principal transmission channel through which fiscal policy affects growth in high … productivity. Empirical results reported in this paper confirm this expectation: in low-income countries, factor productivity is … some four times more effective than investment as a channel for increasing growth through fiscal policy. Although the …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

increase in productivity that accounts for the unprecedented economic growth observed during the reform period. The … productivity gains largely reflect market-oriented reforms, especially the expansion of the nonstate sector, as well as China …’s “open door” policy that brought about a dramatic expansion in foreign trade and foreign direct investment …