“…It uses several household-level databases to document how pro-growth reforms influence household-level economic stability. Movement from less to more productive processes and firms is at the heart of economic growth, which suggests a trade-off between growth and micro-level stability. …”

“…But they don't explain why the “poor” countries are four times less productive than the “rich” ones or why some rich countries are twice as productive as others. …”

“…The availability of qualified personnel and private financing, less rigid product and labour market regulations, greater co-operation in the innovation process and public financial support are all found to be positively associated with the proportion of successful innovators for at least some sectors and firm sizes. …”

“…Displaced workers may face long periods of unemployment and, even when they find new jobs, tend to be paid less and have fewer benefits than in the jobs they held prior to displacement. …”

“…While German emigrants experience less favourable labour market outcomes than their peers in Germany, the emigrants work disproportionately often in high-skill occupations. …”

“…Given that non-regular workers receive less firm-based training, it is also necessary to expand training outside of firms to support Japan’s growth potential, while enhancing the employment prospects of non-regular workers. …”

“…Making the wage system more dependent on productivity and less on seniority and implementing a company pension system in place of the retirement allowance would help maintain the employment of older persons. …”

“…The paper shows that the adjusted indicators do considerably better than the headline rate at determining the underlying inflation trend and, being considerably less volatile, can also be used at higher frequencies to provide more timely information. …”

“…However, the business sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less formal and low-productivity entities. This hampers efficient resource allocation and tends to entrench social inequalities. …”

“…In the United Kingdom, the assessment is less clear cut…”

“…This will likely need to be achieved with less water, mainly because of growing pressures from urbanisation, industrialisation and climate change. …”

“…Like those produced elsewhere, the OECD projections also suffer from shortcomings: one-year-ahead projections display a positive bias, mainly reflecting a propensity to overpredict during slowdowns; spring one-year-ahead projections are far less informative than autumn ones; and turning points are poorly anticipated one year ahead. …”

“…Developments over the past few years have shown that reforms to address climate change are no less difficult to implement than reforms in other areas, even if the objective of limiting global warming is broadly accepted. …”

“…On the side of employers, it is important to progress towards more age-neutral hiring decisions and wage-setting procedures with more focus on performance and less on tenure and seniority. To improve the employability of older workers, the focus should be to promote training measures for older unemployed which are directly linked to a specific job. …”

“…However, this approach is less appropriate in the current global environment that favours risk-taking and a more open system relying on external linkages. …”

“…Without careful design, policies can have unintended consequences such as favouring incumbent firms, encouraging small firms to undertake less efficient activities, or creating arbitrage and rent-seeking activity. …”

“…Each of these terrains can be configured in a more or less political manner, though the contemporary status quo heavily skews them towards anti-political configuration. …”

“…If the groups' values match with parents' values, there is less conflict than if the groups deviate from parents' values. …”

“…If the groups' values match with parents' values, there is less conflict than if the groups deviate from parents' values. …”

“…If the groups' values match with parents' values, there is less conflict than if the groups deviate from parents' values. …”