to significant and persistent reductions in disposable income, along with increases in unemployment, income inequality …, which be associated with an increase in poverty of about 75 million people. Policy responses more effective than those in …

We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of … high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …

, combining pure economic disturbances (to growth, interest rates, and exchange rates), the endogenous policy response to these …

and capital account liberalization seem to increase both growth and inequality, as do some measures of liberalization of … entail no growth-equity tradeoff-such reforms are good for growth and do not worsen inequality. The results for our index of … the growth gains from the reforms themselves? While higher inequality does dampen the growth benefits, the net effect on …

overall effect on GDP per capita growth. The paper''s findings are consistent with theoretical models of the current account …

macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are …. Third, we find that in the long run resource windfalls have negative effects on non-resource sector GDP growth. Yet, the … windfalls on macroeconomic stability and economic growth are moderated by the quality of political institutions …

standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … economic growth. An increase of one standard deviation in the share of tourism in exports leads to about 0.5 percentage point … in additional annual growth, everything else being constant. Our result holds against a large array of robustness checks …