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requiring plausible long-term projections of economic growth by country or region. The workshop included presentations by … leading academics and OECD staff from the Economics Department, the Directorates of the Environment, Science and Technology …
Persistent link: https://www.econbiz.de/10005046090
foreign trade and direct investment regimes. In some network sectors, recent regulatory changes have significantly improved …
Persistent link: https://www.econbiz.de/10008498026
countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade …Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical … effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances …
Persistent link: https://www.econbiz.de/10011276844
will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … skills, technology and intangible assets. Strengthening international linkages will be crucial to overcoming geographic … disadvantages and will require improvements in the information and communications technology infrastructure, together with …
Persistent link: https://www.econbiz.de/10011276855
disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the …In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be …
Persistent link: https://www.econbiz.de/10011098129
vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always … identifies the policy framework that promotes investment that is conducive to growth and ensures the appropriate use of …
Persistent link: https://www.econbiz.de/10005045612
In contrast to what has happened throughout the 1960s and 1970s, some of the largest EU countries and Japan are no longer closing the income gap vis-à-vis the United States. Worse, the gap may even be widening since the mid-1990s. While in the case of Japan the gap in GDP per capita is...
Persistent link: https://www.econbiz.de/10005045617
In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades is more … consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous growth model à la Uzawa … implied by these two models to discriminate between them. Using pooled crosscountry time-series data, we specify our growth …
Persistent link: https://www.econbiz.de/10005045653
The quality of the OECD's Economic Outlook growth projections was last evaluated in-house at the peak of the previous … business cycle, calling for a reassessment. This paper analyses the OECD's annual GDP growth projections for the G7 countries … over the period 1991-2006 and compares them with the Consensus Economics forecasts. It shows that OECD growth projections …
Persistent link: https://www.econbiz.de/10005045656
trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the …, trade, and capital markets rising substantially, global economic developments would become much more dependent on … raise the likelihood of a disruptive adjustment in financial markets. Third, the increase in trade and financial linkages …
Persistent link: https://www.econbiz.de/10005045803