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Synopsis
Differences in the growth performances of OECD countries during the 1990s revived the debate over the underlying causes of economic growth. This debate prompted the OECD to undertake a number of in-depth studies into this issue. The main theme can be expressed in a simple question: what has driven economic growth in OECD countries in recent decades? Following on from this, what effects, if any, have other developments--not least the spread of information technology (IT)--had on the determinants of overall economic growth? How, and how much, do government policies and other aspects of the business environment contribute to long-term growth, and what policies should therefore be advocated? And, finally, what impact has restructuring within and between industries had on overall growth performances?
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About the Author
The OECD is the international organization for the industrialized, market-economy countries. At the OECD, representatives from 30 Member countries meet to exchange information and harmonize policy with a view to maximizing economic growth within Member countries and assist non-member countries develop more rapidly.
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