In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces … document growing support for a rethink of the social contract to make growth more inclusive and discuss some of its broad …

consolidation policies for improving long-term growth prospects. Electoral costs are particularly high for broad-based indirect tax …

long-run interactions between economic growth and fiscal policy. Many countries must reduce high public debt to GDP ratios … that penalize longterm growth. However, fiscal adjustment is likely to hurt growth in the short run, delaying improvements … in affecting productivity and employment growth. This paper discusses the complex relationships between fiscal policy and …

We estimate the effects on growth of nine fiscal reform episodes in seven high-income countries using the Synthetic … Control Method. These episodes are selected using an indicator-based approach applied to the evaluation of growth …-friendly fiscal reforms during 1975-2010. We find that in reform countries the annual growth rate of real GDP was on average about 1 …

, and provides recommendations for growth-friendly and inclusive tax policy reforms. LAC countries collect significantly … and improve progressivity by addressing critical design flaws. Possible adverse growth effects could be mitigated by …

The paper analyzes the impact of natural disasters on per-capita GDP growth. Using a quantile regressions and growth …-at-risk approach, the paper examines the impact of disasters and policy choices on the distribution of growth rather than simply its … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in …