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In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis … investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … strengthen social welfare systems and access to health and education to ensure widespread benefits from continued high growth …
Persistent link: https://www.econbiz.de/10009191040
In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be …
Persistent link: https://www.econbiz.de/10011098129
in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade …
Persistent link: https://www.econbiz.de/10008799710
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need … rate, which potentially harm economic activity. To improve the sustainability of growth, revenues from non …
Persistent link: https://www.econbiz.de/10011276855
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world … market and pension reforms on future growth in employment levels. In the baseline projection, world GDP would grow in PPP … factor productivity and population growth assumptions is significant, however, and compounds with deeper sources of …
Persistent link: https://www.econbiz.de/10005046027
This paper provides a summary of an OECD workshop on the causes of economic growth, held 6-7 July 2000. The topics … covered include the recent growth resurgence in the United States, the potential importance of ICT and the Internet, and the … part played by continual reallocation and restructuring. The paper also discusses the growth role of education …
Persistent link: https://www.econbiz.de/10005046099
This paper examines the relationship between tax structures and economic growth by entering indicators of the tax … structure into a set of panel growth regressions for 21 OECD countries, in which both the accumulation of physical and human … growth than taxes on consumption and property. More precisely, the findings allow the establishment of a ranking of tax …
Persistent link: https://www.econbiz.de/10005046159
. However, more needs to be done to better manage near-term risks and ensure that growth remains sustainable in the longer run …
Persistent link: https://www.econbiz.de/10011277020
Social safety nets protect citizens against hardship. By offering compensation, social safety nets may help overcome the political resistance to trade liberalisation and structural reform, but they can also weaken the incentives to work and save. Depending on their design, safety nets may also...
Persistent link: https://www.econbiz.de/10005046192