growth reducing in both Africa and Latin America, with the most striking changes taking place in Latin America. The bulk of … to which) structural change contributes to overall productivity growth. In countries with a relatively large share of … natural resources in exports, structural change has typically been growth reducing. Even though these "enclave" sectors …

"While substantial research finds that financial development boosts overall economic growth, we study whether financial …

While substantial research finds that financial development boosts overall economic growth, we study whether financial …

institutions. A range of evidence indicates that participatory democracies enable higher-quality growth …

link between trade policy and growth have serious shortcomings. Papers that we review include Dollar (1992), Ben … tariff and non-tariff barriers to trade--are significantly associated with economic growth …

, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force … growth. The data do not, however, confidently support the conclusions that SMEs exert a causal impact on growth. Furthermore …

This paper examines whether financial development boosts the growth of small firms more than large firms and hence … provides information on the mechanisms through which financial development fosters aggregate economic growth. We define an … a disproportionately large effect on the growth of industries that are technologically more dependent on small firms …

operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the … preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone … economic growth. The paper highlights many areas needing additional research …