Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This … paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of … driving productivity differences across sectors and countries. Since productivity payoffs of reforms evolve over time, we also …

, policies and institutions matter more. And there is little excuse for relatively low labor productivity, a particular bane in …

markets to improve productivity and support the reallocation of resources to tradable sectors. …

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004 …

combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of … inclusion, GDP, inequality, and the distribution of gains and losses. …