Global potential output growth has been flagging. At 2.5 percent in 2013-17, post-crisis potential growth is 0.5 percentage point below its longer-term average and 0.9 percentage point below its average a decade ago. Compared with a decade ago, potential growth has declined 0.8 percentage point in advanced economies and 1.1 percentage point in emerging market and developing economies. The slowdown mainly reflected weaker capital accumulation but is...
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INFORMATION
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2020/03/10
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Document de travail de recherche sur les politiques
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WPS9177
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1
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1
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2020/03/10
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Disclosed
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Subdued Potential Growth : Sources and Remedies
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advanced economy
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