Why Is Global Business Investment So Weak? Some Insights from Advanced Economies
Justin-Damien Guenette (),
Martin Leduc and
Additional contact information
Louis Morel: Bank of Canada, http://www.bankofcanada.ca/
Bank of Canada Review, 2017, vol. 2017, issue Spring, 56-67
Various drivers of business investment can be used to explain the underwhelming performance of investment in advanced economies since the global financial crisis, particularly since 2014. The slow growth in aggregate demand cannot by itself explain the full extent of the recent weakness in investment, which appears to be linked primarily to the collapse of global commodity prices and a rise in economic uncertainty. Looking ahead, business investment growth is likely to remain slower than in the pre-crisis period, largely because of structural factors such as population aging.
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://www.bankofcanada.ca/wp-content/uploads/2017 ... iew-spring17-fay.pdf full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bca:bcarev:v:2017:y:2017:i:spring17:p:56-67
Access Statistics for this article
More articles in Bank of Canada Review from Bank of Canada 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada.
Bibliographic data for series maintained by ().