In this paper van den Noord and Heady express an optimistic assessment of the possibility for the tax design to improve both equity and efficiency. The authors present a systematic discussion of how tax systems distort saving, investment, labor and product markets. They draw a wealth of examples...

This article analyzes the causes of economic growth. The authors revise social influences on the maintenance of economic expansion rates as a cause and effect together with maintaining the balance between aggregate demand and supply. They also give the main factors which give an impulse to a...