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economic growth. For the time being, private consumption is not driving the German economy and is likely to develop in the … expected to first grow by a moderate 0.1 percent and then by 0.2 percent. However, this cannot compensate for the weak growth … turnarounds in the United States and euro area will spur on growth somewhat beginning in 2024. The emerging economies continue to …
Persistent link: https://www.econbiz.de/10014362798
Federal Constitutional Court’s ruling will reduce growth by 0.3 percentage points in 2024 alone. Overall, the forecast was …, both advanced and emerging economies have recently experienced solid growth. Economic output is still weak in the euro area … United States, global economic growth will be somewhat lower in 2024 at 3.7 percent. …
Persistent link: https://www.econbiz.de/10014466268
What are the prospects for economic growth in the United States and other advanced countries over the next several … decades? U.S. growth for the past 150 years has been surprisingly stable at 2% per year. Growth theory reveals that in the … long run, growth in living standards is determined by growth in the worldwide number of people searching for ideas. At the …
Persistent link: https://www.econbiz.de/10014337880
emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth … prospects of China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese … growth patterns identified in economic development and trade theories (structural change, catching up, and factor price …
Persistent link: https://www.econbiz.de/10014063864
Economic growth in Chile since the mid 1980s has been remarkable for its high level and persistence. This paper … part of the paper presents some stylized facts. Taken together, they suggest that the jump in growth was driven by policies … recent empirical growth literature to examine the extent to which a cross-country approach can explain Chile's growth. We …
Persistent link: https://www.econbiz.de/10014188570
Economic growth in Chile since the mid 1980s has been remarkable for its high level and persistence. This paper … part of the paper presents some stylized facts. Taken together, they suggest that the jump in growth was driven by policies … recent empirical growth literature to examine the extent to which a cross-country approach can explain Chile's growth. We …
Persistent link: https://www.econbiz.de/10014120061
This study reviews and analyzes the changes in total factor productivity (TFP) growth in 12 Asian economies – the … comprehensive international data set, the paper investigates the main factors influencing TFP growth based on a modified version of … the 2003 empirical growth model of Bosworth and Collins. Special emphasis is placed on intangible factors such as human …
Persistent link: https://www.econbiz.de/10013135316
"North Carolina has been one of the nation's fastest growing states in the last fifty years, and during that time tremendous changes have come to the state's people, industries, jobs, places, environment, and government. Much of this change resulted from the information and technology...
Persistent link: https://www.econbiz.de/10011619661
Persistent link: https://www.econbiz.de/10009708890
calibrated to reproduce observed elasticity of trade to income. Each scenario involves three steps. First, we project growth at … current account trajectories) on the CGE baseline. Third, we implement trade policy scenarios (tariffs as well as non … patterns. We show that the impact of changing baselines is greater than the impact of a policy shock on the order of magnitude …
Persistent link: https://www.econbiz.de/10009774837