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The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …
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phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a …A new world order is taking shape as a result of the relative decline of the United States (US) and other Western … economies. An important aspect of relative decline is a progressive secular slowing down of productivity growth. Another is the …
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