Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment growth. It reports four main results. First, the...

Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource-exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have...

Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource?exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have...

Angesichts seit längerer Zeit rückläufiger öffentlicher Investitionen in Deutschland wird vielfach eine deutliche Ausweitung staatlicher Infrastrukturinvestitionen gefordert, um vermeintliche oder tatsächliche Wachstumshemmnisse zu beseitigen. Vor diesem Hintergrund hat sich das ifo...

In the Euro and the Battle of Ideas, Markus Brunnermeier, Harold James, and Jean-Pierre Landau show how the Eurozone Crisis reveals deep-seated and sometimes incompatible European traditions in economic policy. In The Shifts and the Shocks, Martin Wolf uses the history of the GFC to analyze the...