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The New Growth Debate

Author

Listed:
  • Guido Baldi
  • Patrick Harms

Abstract

The developed economies of Europe and the United States are slowly recovering from the worldwide financial crisis and the debt crisis in the euro area. How will the economic situation of these countries evolve in the future? Will the developed economies experience high rates of productivity and economic growth or will they have to face stagnation for a long period of time? Various famous economists have started a debate about these issues.

Suggested Citation

  • Guido Baldi & Patrick Harms, 2014. "The New Growth Debate," DIW Roundup: Politik im Fokus 18, DIW Berlin, German Institute for Economic Research.
  • Handle: RePEc:diw:diwrup:18en
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.464520.de/DIW_Roundup_18_en.pdf
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    References listed on IDEAS

    as
    1. Robert J. Gordon, 2012. "Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds," NBER Working Papers 18315, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Guido Baldi & Patrick Harms, 2015. "Productivity Growth, Investment, and Secular Stagnation," DIW Roundup: Politik im Fokus 83, DIW Berlin, German Institute for Economic Research.
    2. Guido Baldi & Patrick Harms, 2017. "The Natural Rate of Interest and Secular Stagnation," DIW Roundup: Politik im Fokus 110, DIW Berlin, German Institute for Economic Research.

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