This paper analyses the challenges that high public debt and ageing populations pose to medium-term growth. First, macroeconometric model simulations suggest that medium-term growth can benefit from credible fiscal consolidation, partly through reductions in sovereign risk premia. Second, a...

By employing a panel vector autoregressive approach, we show that containership trade is an important determinant ofGDP growth. Using the full sample of sea-transported container boxes of 135 countries for ten years, we provideevidence that the amount of TEUs transported, both contemporaneously...