countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade …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 …

This paper discusses links between policy settings, institutions and economic growth in OECD countries on the basis of … accumulation and skills embodied in the human capital, the results confirm the importance for growth of R&D activity, the … macroeconomic environment, trade openness and well developed financial markets. They also confirm that many of the policy influences …

This paper discusses links between policy settings, institutions and economic growth in OECD countries on the basis of … accumulation and skills embodied in the human capital, the results confirm the importance for growth of R&D activity, the … macroeconomic environment, trade openness and well developed financial markets. They also confirm that many of the policy influences …

This paper analyses the policy and institutional determinants of long-run economic growth for a sample of OECD and non …-OECD countries, with two objectives. First, it assesses the extent to which the main findings from growth regressions covering … by education policies, trade openness, R&D expenditures and policy frameworks that are conducive to low inflation …

reserves in many countries. The results of the analysis suggest that the levels of trade and domestic financial depth are …

This paper examines the recent literature on economic growth with a focus on policy issues and evidence relevant to … OECD countries. The review begins with an overview of developments in the theory of economic growth and also comments … generally on the nature of evidence exploring the influences on growth. This is followed by an examination of issues relating to …

This paper examines the recent literature on economic growth with a focus on policy issues and evidence relevant to … OECD countries. The review begins with an overview of developments in the theory of economic growth and also comments … generally on the nature of evidence exploring the influences on growth. This is followed by an examination of issues relating to …

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 …

Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to …