Similar Search Results

Can an increase in public investment sustainably lift economic growth?

Mourougane, Annabelle; Botev, Jarmila; Fournier, Jean-Marc - 2016

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances. To do so, it relies on a range of simulations using three different macro-structural models. According to the simulations, OECD governments could...

Persistent link: https://www.econbiz.de/10011578210

Boosting productivity and living standards in Thailand

Koen, Vincent; Asada, Hidekatsu; Rahuman, Mohamed … - 2018

The Prosperity pillar of the 2030 Agenda for Sustainable Development calls for an integrated approach based on boosting productivity through diversification, upgrading technology and innovation, and increasing employment and entrepreneurship. Thailand needs to address all these challenges to...

Persistent link: https://www.econbiz.de/10011914179

The effect of the size and the mix of public spending on growth and inequality

Fournier, Jean-Marc; Johansson, Åsa - 2016

This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality. An estimated baseline convergence model captures the long-term effect of human capital and total investment on potential output for a panel of OECD countries. The...

Persistent link: https://www.econbiz.de/10011578188

The positive effect of public investment on potential growth

Fournier, Jean-Marc - 2016

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components. The estimations suggest that public investment has a positive effect on...

Persistent link: https://www.econbiz.de/10011578195

Malaysia's economic success story and challenges

Koen, Vincent; Asada, Hidekatsu; Nixon, Stewart; … - 2017

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and … of external shocks. Going forward, the Malaysian government's 11th Malaysia Plan (2016-20) emphasises the need for … policy. Further reforms are needed for Malaysia to become a high-income nation around 2020: productivity growth needs to be …

Persistent link: https://www.econbiz.de/10011700166

Boosting productivity in Malaysia

Koen, Vincent; Asada, Hidekatsu; Nixon, Stewart - 2017

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a … inputs. The 11th Malaysia Plan (2016-20) sets an ambitious labour productivity growth target of 3.7% per year, well above the …

Persistent link: https://www.econbiz.de/10011700172

Fostering inclusive growth in Malaysia

Nixon, Stewart; Asada, Hidekatsu; Koen, Vincent - 2017

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly …” at the centre of Malaysia’s ambition to become a high-income country by 2020, the focus is shifting to the challenges of … shift would be aided by reforms in several policy areas where Malaysia may compare favourably within its region but less so …

Persistent link: https://www.econbiz.de/10011700175

Macroeconomic uncertainties, prudent debt targets and fiscal rules

Fall, Falilou; Fournier, Jean-Marc - 2015

The sharp rise in debt experienced by most OECD countries raises questions about the prudent debt level countries should target. It also raises questions about the fiscal frameworks needed to reach them and to accommodate cyclical fluctuations along the path towards a prudent debt target. The...

Persistent link: https://www.econbiz.de/10011399529