Finance & Development. March 2017, Volume 54, number 1.

Print version record.

Cover; CONTENTS; FEATURES; GROWTH CONUNDRUM; Whither Economic Growth?: The global optimism at the turn of the century has been replaced by fear of long-term stagnation; Cost of Aging: As populations in richer nations get older, GDP growth slows, support costs rise, and government budgets feel pressure; Stuck in a Rut: To revive global productivity, start by addressing the legacies of the financial crisis; Getting It Right: Well-designed fiscal incentives can help spur innovation and ultimately growth; Rethinking GDP: It may be time to devise a new measure of economic welfare with fewer flaws.

Can Money Buy Happiness?: People around the world share their thoughts on what sparks this elusive feelingPoint-Counterpoint: Secular Stagnation: Sluggish Future; Straight Talk: The Case for Inclusive Growth: Emerging economies should share the fruits of their growth more equitably; ALSO IN THIS ISSUE; A Middle Ground: The renminbi is rising, but will not rule; A Broader Reach: When more people and more firms have access to financial services, the whole society can benefit.

In Equality We Trust: Inequality in the United States and Europe erodes trust among people-and can stifle economic growthForests for Growth: Forests are a key asset for climate stability; Brazil has shown protecting them is compatible with development; Risky Mix: If financial institutions combine banking and nonbanking business there is potential for danger; Unburnable Wealth of Nations: Successful action to address climate change would diminish the value of fossil fuel resources in many of the world's poorest countries; DEPARTMENTS; Picture This.

Girl Power: Policies that help integrate women into the workforce benefit everyoneCurrency Notes; Fifty Marks the Spot: Trinidad and Tobago's new 50 bill is dressed for a celebration; People in Economics; Parallel Paths: Atish Rex Ghosh profiles Kristin Forbes, who straddles academia and policymaking; Book Reviews; The Man Who Knew: The Life and Times of Alan Greenspan, Sebastian Mallaby; The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Peter Temin; A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr.

Finance and Development, March 2017.

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