Blueprint

How to Spur Growth in the World’s Major Economies

Policy prescriptions for six of the biggest countries.

Saudi Aramco’s Shaybah oil field.

Photographer: Simon Dawson/Bloomberg

Prospects for growth are fading across much of the world. Here’s Bloomberg Economics’ five best ideas for giving some major economies a shot in the arm.

Brazilian companies spend four times as long preparing their taxes as their Latin American peers. An overhaul of the Byzantine tax code, now under debate in Congress, could boost gross domestic product by 10% within 15 years, according to the Center for Fiscal Citizenship.