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133 results for TAG: "Growth"

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  1. European view

    The Inflation Target Trap

    by Daniel Gros

    IT
    24 Exclusive content for IT24

    Central banks have a problem: growth in much of the world is accelerating, but inflation has failed to take off. Of course, for most people, growth without inflation is the ideal ...

  2. Business and economy

    Understanding the productivity puzzle

    by Howard Davies*

    IT
    24 Exclusive content for IT24

    In all major economies, the so-called productivity puzzle continues to perplex economists and policymakers: output per hour is significantly lower than it would have been had the pre-2008 growth trend continued. The figures are stark, particularly so in the United Kingdom, but also across the OECD. And while it goes without saying that economists have many ingenious explanations to offer, none has yet proved persuasive enough to create a ...