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The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … and production bases, exposure to shocks, and heavy reliance on aid. Higher fixed government costs, low access to credit … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth …
Persistent link: https://www.econbiz.de/10010790232
growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …
Persistent link: https://www.econbiz.de/10010790369
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high … growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the … ahead will be more difficult in view of the protracted slowdown in global growth and trade. …
Persistent link: https://www.econbiz.de/10011242441
of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then …
Persistent link: https://www.econbiz.de/10011142116
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset …-income countries. To our knowledge this is the most comprehensive and up-to-date dataset on tax composition and growth. We find that … increasing income taxes while reducing consumption and property taxes is associated with slower growth over the long run. We also …
Persistent link: https://www.econbiz.de/10011242194
growth-friendly fiscal reforms. …
Persistent link: https://www.econbiz.de/10011142132
Persistent link: https://www.econbiz.de/10012691189
This study aims to test within a relatively homogeneous group of small states what differentiates the growth … lower initial incomes, and slower population growth have helped offset some of these disadvantages. On balance, policy …-related factors, together with geography-related disadvantages, have led to growth rates in PICs that are much lower than in other …
Persistent link: https://www.econbiz.de/10011242206
The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …
Persistent link: https://www.econbiz.de/10010959463
become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …
Persistent link: https://www.econbiz.de/10010790239