Long-Term Growth of the U.S. Economy: Significance, Determinants, and Policy

Elwell, Craig K.

Library of Congress. Congressional Research Service.

关键词: Economic policy;   

RP-ID  :  RL32987
RP-ID  :  RL32987_2006May25

美国|英语

来源: UNT Digital Library

【 摘 要 】

The rate of long-term economic growth is the salient measure of the nation's ability to steady advance its material living standard. The pace of long-term economic growth is likely to be a center of attention in the decades just ahead, as the U.S. economy confronts the need to undertake unprecedentedly large generational transfers of income to pay for the retirement of the huge baby-boom generation as well as large transfers to the rest of the world to meet the debt service costs of the United States' large and still growing foreign debt.