According to this view, healthy public and private balance sheets and existing infrastructure bottlenecks would provide room for increased investment and higher total factor productivity in many developing countries. Technological convergence and the transfer of surplus labor to more productive tradable activities would continue, despite the advanced economies’ anemic growth.
根据这一观点，健康的公私部门资产负债表和现有基础设施瓶颈为许多发展中国家提供了增加投资、提高全要素生产率的空间。技术趋同和剩余劳动力转移到生产率更高的可贸易部门活动的过程将会继续，尽管发达经济体增长长期萎靡。