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 …

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. …

Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This …

in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be …-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public … sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address …

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. …