ABSTRACT
Accounting for the sources of economic growth on a global scale has long been held back by missing or inadequate information about the asset composition of investment for many countries. In this chapter, we take a significant step forward by developing such data from country National Accounts, complemented by data estimated in a transparent and uniform framework, representing an important step forward over earlier efforts. We analyze the newly developed investment dataset to determine how investment patterns have changed over time and how they vary with the level of economic development, and show how accounting for changing patterns of investment impacts our view on the sources of global economic growth.
