We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for … rates of capital accumulation and TFP growth reflect convergence along two margins. One margin (between industries) is a … with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long time. On …

After the 2008 crisis, despite economic recovery that started in 2009, the world economy has experienced a downward … stagnation in developed countries and consequently in the entire world economy. This ongoing prolonged stagnation can only be … hyper-globalization. It will also be shown that this new dual economy presents serious limitations for further technological …

today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative …

Businesses around the world are rapidly adopting digital technologies. Adoption, though, is not even, but it varies … national economies, thus entailing some convergence. The early pandemic has been followed by intentions to digitalize, which … digitalization as a global phenomenon and the pandemic as an external enabler that has promoted catching up and convergence in …