The Sources of Economic Growth in OECD Countries
Publisher: Org. for Economic Cooperation & Development
Published: March 17, 2003
Language: eng
Format: Paperback
Number of pages: 252
ISBN-13: 9789264199453
Subjects: International economics; Business & Economics; Politics / Current Events; Business/Economics; Europe; International Relations - General; Public Policy - Economic Policy; Political Science / Economic Policy; Political Science : Economic Conditions; Political Science : International Relations - General; International - Economics; Economic Conditions; Economic policy; Industrial productivity; OECD countries
Description: Understand growth disparities between OECD countries over the past twenty years through identification and analysis of underlying factors. Growth patterns through the 1990s and into this decade have turned received wisdom on its head. For most of the post-war period, OECD countries with relatively low GDP per capita grew faster than richer countries. Since the late 1990s, however, that pattern has broken down with the United States notably drawing further ahead of the field. This publication provides a comprehensive overview of growth drivers across the OECD and the extent to which disparities are attributable to factors like new technology and R&D, macroeconomic policy, education and training, labour market flexibility, product market competition, and barriers to business start-up and closure.