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, which has provided a significant boost to growth, productivity, competitiveness, profits and (more controversially …
Persistent link: https://www.econbiz.de/10005045869
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 …
Persistent link: https://www.econbiz.de/10011276784
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...
Persistent link: https://www.econbiz.de/10011276785
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 …
Persistent link: https://www.econbiz.de/10011276844
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …
Persistent link: https://www.econbiz.de/10008462847
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 …
Persistent link: https://www.econbiz.de/10011276802
productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and …
Persistent link: https://www.econbiz.de/10011276889
gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …
Persistent link: https://www.econbiz.de/10011276904
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of …
Persistent link: https://www.econbiz.de/10005045612
much better than the Barro and Lee (1996) or Nehru <I>et al.</I> (1995) series in a number of growth specifications. We … on the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we …
Persistent link: https://www.econbiz.de/10005045843