Das Bruttoinlandsprodukt wird 2019 voraussichtlich nur um ein halbes Prozent wachsen. Unter Unsicherheiten leidet vor allem die Industrie wegen der globalen Handelskonflikte und des Brexits. Ob dies in einen gravierenden Abschwung münden wird, darüber gibt es Zweifel. Eine wachstumsorientierte...

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its...

Revenue reforms can contribute to more inclusive, green, and sustainable growth in China. Relative to OECD economies, fiscal policy in China is less redistributive. Options for promoting more inclusive growth include improving the progressivity of labor taxes (individual income tax and social...