This paper aims to verify how the performance of the agricultural sector affects the process of structural transformation of the Moroccan economy. It analyzes the dynamics of productivity in two ways. First, the speed of convergence of agricultural productivity to the level recorded by other...

This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...

The purpose of this article is to study the trends in per capita productivity in several major industrialised countries. The analysis is first based on annual data over a long period spanning the entire 20th century for the United States, France and the United Kingdom. Productivity trends are...

This paper attempts to answer the optimal question, that of decelerating the spread of COVID-19 without damaging the economy. Proceeding through standard thinking of dynamic optimization theory à la Fujita, we believe that workers need to come into contact with other workers less and less,...

Real gross domestic product (GDP) fails to account for the trading gains and losses that result from changes in the terms of trade and in the real exchange rate (the price of tradables relative to the price of nontradables). Canada has enjoyed vast improvements in its terms of trade over recent...

In this article, we present a brief history of the development of services industry data in the United States, review the substantial progress that has been made over the past decade and a half, and present recommendations for needed additional improvements. We conclude that the state of U.S....

This article by Edward N. Wolff of New York University examines trends in convergence in OECD countries toward U.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in investment, education, and R&D in OECD countries...

This study examines the impact of economic growth on banking sector performance for 28 Sub-Saharan African countries. To this end, the study uses a dynamic panel model based on the method of generalised moments in a system over the period 2010-2021. The results show that the estimated effects...

The question of why economies grow has been at the heart of economic inquiry since Adam Smith. The final article is a review of the recent book Why Economies Grow: The Forces That Shape Prosperity and How to Get Them Working Again by Jeff Madrick. He argues that the growth of markets through...

This paper aims to show how the neo-classical current, which has yet absorbed development as one of its components, is trapped in a deep crisis, and how its domination can be understood in the theoretical field tightly linked to that of neo-liberalism on the policies of development.