This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …

’s strategy – fiscal consolidation, growth-boosting structural reforms and higher inflation – could make to reversing the rise in …-term fiscal strategy. With moderately higher growth coming from increased female labour force participation and higher … productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio …

Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy … reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic … growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin …

Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and … product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial … sector. Sustaining vigorous growth over the longer run therefore requires pushing ahead with a number of structural reforms …

raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem … current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The …

Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical … effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances … countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade …

, translate into more microeconomic stability. While microeconomic volatility can reflect growth-generating processes, such as … creative destruction and re-allocation of resources, consumption growth volatility weighs on households’ welfare. This study …

will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … rate, which potentially harm economic activity. To improve the sustainability of growth, revenues from non …

productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and …