Advanced economies were also equipped with welldeveloped legal and judiciary systems and mature democratic societies. Most of these features are unchanged today, but there is a growing view among emerging economies that the path toward economic and social development need not be the one adopted by advanced economies: alternative approaches can be explored according to a particular country’s conditions and history. B.
Moving on to the fundamental issue of productivity, the report carries out a very detailed analysis of the somewhat puzzling fall in aggregate productivity growth in the aftermath of the crisis. This holds true for non-financial companies in both advanced countries and, above all, EMEs.