exogenous variations in trade-weighted world income and international oil price shocks as instruments for within …

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 …

role of balance sheet adjustment for resuming sustained growth. In this paper we examine private sector deleveraging … during the bust phase of leverage cycles on subsequent medium-term growth. The results suggest that larger and quicker …

support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to …

ahead will be more difficult in view of the protracted slowdown in global growth and trade. …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 …

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …

become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …

The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …

find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised …. Furthermore, we find the debt trajectory can be as important as the debt level in understanding future growth prospects, since …