One of the most puzzling facts in the wake of the Global Financial Crisis (GFC) is that output across advanced and emerging economies recovered at a much slower rate than anticipated by most forecasting agencies. This paper delves into the mechanics behind the observed slow recovery and the...

"Addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. Analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth...