This paper presents estimates of the effects that terms of trade volatility has on growth of real gross domestic … negative average effect on economic growth; (ii) once country fixed effects are included in the model, the average effect of … terms of trade volatility on economic growth is not significantly different from zero; (iii) robust to the inclusion of …

Mauritania maintains a strong growth performance and pursues sound policies to balance the budget and take advantage of … public debt sustainability because the estimated (marginal) growth-dividend is small. A more promising avenue would be to …

critical driver of economic growth, but infrastructure entails significant up-front costs that yield benefits after a time lag … be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth …

final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it … managed to raise its rate of annual GDP growth from the 4-5 percent range to 7 percent. The results for the final scenario … indicate that rapid growth acceleration may be achieved via a combination of strong increases in savings, investment and total …

effect on economic growth in developing countries. Lowering the personal income tax rate by 1 percentage point, or cutting … in the long run. The author finds that cuts in personal income taxes are more effective in stimulating growth than cuts … for a number of developing countries. Existing estimates of the effects of fiscal policy on growth use linear time …

global economic and financial crisis in most advanced economies, this paper revisits the fiscal adjustment and growth nexus …