This paper examines the growth-inflation nexus in Franc zone currency unions. It aims at estimating the inflation …

This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006 …-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on … of structural change to productivity growth has declined over time, mainly due to the increased labor market rigidity …

This paper examines the growth effects of different dimensions of international trade integration-notably, volume … trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade … integration on growth per worker and the sources of growth; that is, growth of capital per worker and total factor productivity …

Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing … economic growth. Currency undervaluation is a second-best policy intervention that can help offset some of the key constraints … to manufacturing growth prevalent in low-income countries and speed up structural transformation. However, exchange rate …

the average rate of economic growth in the Middle East and North Africa has not only been significantly lower than that in …

This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks … down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction … brings to light three regional growth dynamics: the first is centered on commodities and South America, the second on …

Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global … countries. This paper brings these two perspectives together by analyzing international growth fluctuations in a setting that … that the cross-country dependence of aggregate growth is the combined result of global shocks summarized by a latent common …

This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample … growth is decomposed into the share explained by each of its main determinants, and the relationship between productivity …