of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …

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 …

trade and TFP growth both over time and across sectors …

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 …

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid … evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no …: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers? Thus, our …