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  • 1
    Online Resource
    Online Resource
    Washington DC :World Bank on behalf of the Commission on Growth and Development,
    UID:
    almafu_9958125480602883
    Format: xiii, 180 pages : , illustrations (chiefly color), color map ; , 28 cm.
    Edition: 1st ed.
    ISBN: 0-8213-7492-3
    Series Statement: World Bank e-Library.
    Content: Why have only 13 developing world economies achieved sustained, high growth since World War II? Why is engagement with the global economy necessary to achieve high growth? Why do some countries' growth strategies fail to win the public's confidence? Why are equity and equality of opportunity important components of successful growth strategies? Why do many countries, blessed with natural resource wealth, not achieve high growth? Why has no country ever sustained rapid growth without high rates of public investment? Why does it not always pay to devalue the exchange rate?
    Note: Description based upon print version of record. , Members of the Commission on Growth and Development; Contents; Preface; Abbreviations; Overview; Introduction; PART 1 Sustained, High Growth in the Postwar Period; PART 2 The Policy Ingredients of Growth Strategies; PART 3 Growth Challenges in Specific Country Contexts; PART 4 New Global Trends; Statistical Appendix: The World Economy and Developing Countries since WWII; Glossary; Acknowledgments , English
    Additional Edition: ISBN 0-8213-7491-5
    Language: English
    Keywords: Electronic books.
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 2
    UID:
    gbv_797848959
    Format: Online-Ressource
    ISBN: 9780821374917
    Content: The report has four main parts. In the first, the commission reviews the 13 economies that have sustained, high growth in the postwar period. Their growth models had some common flavors: the strategic integration with the world economy; the mobility of resources, particularly labor; the high savings and investment rates; and a capable government committed to growth. The report goes on to describe the cast of mind and techniques of policy making that leaders will need if they are to emulate such a growth model. It concludes that their policy making will need to be patient, pragmatic, and experimental. In the second part, the commission lays out the ingredients a growth strategy might include. These range from public investment and exchange rate policies to land sales and redistribution. A list of ingredients is not enough to make a dish, of course, as Bob Solow, a Nobel Prize-winning economist and a member of the Commission, points out. The commission, however, refrains from offering policy makers a recipe, or growth strategy, to follow. This is because no single recipe exists. Timing and circumstance will determine how the ingredients should be combined, in what quantities, and in what sequence. Formulating a full growth strategy, then, is not a job for this Commission but for a dedicated team of policy makers and economists, working on a single economy over time. Instead of a country-specific recipe, the commission offers some more general thoughts on the opportunities and constraints faced by nations in Sub-Saharan Africa, countries rich in resources, small states with fewer than 2 million people, and middle-income countries that have lost their economic momentum. In the final part of the report, the commission discusses global trends that are beyond the control of any single developing-country policy maker. Global warming is one example; the surge in protectionist sentiment another; the rise of commodity prices a third. In addition, the commission discusses the aging of the world population and the potential dangers of America's external deficit. These trends are new enough that the 13 high-growth economies of the postwar period did not have to face them. The question is whether they now make it impossible for other countries to emulate that postwar success.
    Note: en_US , English
    Language: English
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  • 3
    Book
    Book
    Washington, D.C. : World Bank | London : Eurospan
    UID:
    gbv_571891780
    Format: XIII, 180 S. , Ill., graph. Darst., Kt , 28cm
    ISBN: 9780821374924 , 9780821374917 , 0821374915
    Note: Includes bibliographical references. - Formerly CIP
    Language: English
    Keywords: Industriestaaten ; Wirtschaftswachstum ; Nachhaltigkeit ; Wirtschaftspolitik ; Graue Literatur
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