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Global potential output growth has been flagging. At 2.5 percent in 2013-17, post-crisis potential growth is 0.5 percentage point below its longer-term average and 0.9 percentage point below its average a decade ago. Compared with a decade ago, potential growth has declined 0.8 percentage point...
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The recovery from the global crisis that erupted in 2007 shows that the decoupling between real and financial variables during the business cycle can lead to negative and long-lasting consequences for the economy. A key feature of the past global crisis in many countries is that the recovery in...
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become widespread and have increased investment by businesses, especially in East Africa. Second, women-owned business in the … study connects the two findings by exploring whether mobile money use by women-owned firms increases their investment. The … findings indicate that the positive relationship between mobile money use and investment is largely driven by women-owned firms …
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studies the impact of an urban land titling program on firm investment. It finds that the program leads to increased … investment rate for titling firms, and the positive effect holds only for politically connected firms. The effects are likely …
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