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Policy change needed to accelerate investment in structural transformation

Laurence Boone, Debora Revoltella, (2019), «Policy change needed to accelerate investment in structural transformation», Voxeu, 6 December

For the past two years, global growth outcomes and prospects have steadily deteriorated, dragged down by persistent policy uncertainty and weak trade. Investment growth has collapsed in tandem, just when it needed to speed up in response to historic challenges: digitalisation, climate change, trade relations. Urgent policy action is needed to enable the necessary investment for a successful transformation that benefits all.

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