How to awaken Europe’s private sector and boost economic growth
By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer In the European Union, income per person, one of the main gauges of living standards, is on average one-third...
Sustained economic growth hinges on productivity gains as populations age
By Gita Bhatt “Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.” ...
China’s service sector is an underutilized driver of economic growth
China’s economic development over the last several decades has been remarkable amid rapid growth. We project growth will remain resilient at around 5 percent in...
