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Author: Avinash K. Dixit
Publisher: World Bank Publications
ISBN:
Category : Economic development
Languages : en
Pages : 38
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Book Description
This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions: whether history and geography preordain a country's economic fate, whether democracy or authoritarianism promotes growth; whether informal or formal mechanisms are best; whether "big bang" or gradual transitions promote growth; and whether disasters and demographics are stumbling blocks or stepping stones. The author finds recipes for success that are infeasible, contradictory and shifting, and that ignore the role of luck in development policy. While the researcher may ask, "What creates success on average across countries?" the policymaker needs to know, "What is going wrong in this country and how can we put it right?" The author suggests a preliminary approach to combine the practitioner's detailed knowledge of country conditions with the broader patterns uncovered by scholars, building on "growth diagnostics" that identify binding constraints to development. But he shifts from the sequential "decision tree" framework to a more directly "diagnostic" approach that recognizes that policymakers must deal with many factors simultaneously. The framework he suggests combines empirical information on potential causes, estimates of their probabilities, and observed effects. He proposes this framework as the foundation, not for another recipe, but for a broader mode of thought to tackle the complexity and variance in development processes and patterns across countries and time-one country at a time.
Author: Avinash K. Dixit
Publisher: World Bank Publications
ISBN:
Category : Economic development
Languages : en
Pages : 38
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Book Description
This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions: whether history and geography preordain a country's economic fate, whether democracy or authoritarianism promotes growth; whether informal or formal mechanisms are best; whether "big bang" or gradual transitions promote growth; and whether disasters and demographics are stumbling blocks or stepping stones. The author finds recipes for success that are infeasible, contradictory and shifting, and that ignore the role of luck in development policy. While the researcher may ask, "What creates success on average across countries?" the policymaker needs to know, "What is going wrong in this country and how can we put it right?" The author suggests a preliminary approach to combine the practitioner's detailed knowledge of country conditions with the broader patterns uncovered by scholars, building on "growth diagnostics" that identify binding constraints to development. But he shifts from the sequential "decision tree" framework to a more directly "diagnostic" approach that recognizes that policymakers must deal with many factors simultaneously. The framework he suggests combines empirical information on potential causes, estimates of their probabilities, and observed effects. He proposes this framework as the foundation, not for another recipe, but for a broader mode of thought to tackle the complexity and variance in development processes and patterns across countries and time-one country at a time.
Author: Justin Yifu Lin
Publisher: World Bank Publications
ISBN: 0821371266
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
This book presents selected papers from the ABCDE Meetings, held May 17 -18, 2007 in Bled, Slovenia. Hosted by the World Bank and the Government of Slovenia, more than 400 experts from countries around the world met to deliberate the theme: Private Sector and Development. This volume presents papers on financial inclusion, factors that matter the most for business climate, and the provision of public services by non- state actors.
Author: The World Bank
Publisher: World Bank Publications
ISBN: 0821384295
Category : Political Science
Languages : en
Pages : 170
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Book Description
The evaluation finds that the content of the World Bank s Country Policy and Institutional Assessment (CPIA) is largely relevant for growth and poverty reduction in the sense that it maps well with the determinants of growth and poverty reduction identified in the economics literature. However, some CPIA criteria need to be revised (in particular trade and finance), and one needs to be added (assessment of disadvantaged socio-economic groups). Second, the evaluation finds that the CPIA ratings are in general reliable and correlate well with similar indicators. The World Bank s internal review process helps guard against potential biases in having Bank staff rate countries on which their work programs depend. The CPIA ratings are found to correlate better with similar indicators for middle income countries than for low income countries. This could be because there is more information available on middle income countries, which increases the likelihood of different institutions having similar assessments on them. This could also be because the CPIA rating exercise takes into account the stage of development, which is more pertinent for low income countries, and which also subject the ratings of those countries to more judgment in an exercise that is already centered on staff judgment.
Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821389254
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
The experiences of Singapore, Finland, and Ireland show how small resource-poor economies, even if peripherally located, can achieve rapid and sustained growth: through a strategy of building quality human capital that attracts technology-intensive FDI and enables national firms to compete in global markets for high-value products and services.
Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821377566
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
'This volume not only offers an invaluable retrospective of the World Bank's best thinking on development but also has the analytical caliber and policy insights to become an indispensable source for those dealing with the present and future growth and equity challenges faced by the developing countries.' -- Ernesto Zedillo
Author: Avinash Dixit
Publisher:
ISBN:
Category :
Languages : en
Pages : 38
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Book Description
This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions: whether history and geography preordain a country's economic fate, whether democracy or authoritarianism promotes growth; whether informal or formal mechanisms are best; whether big bangor gradual transitions promote growth; and whether disasters and demographics are stumbling blocks or stepping stones. The author finds recipes for success that are infeasible, contradictory and shifting, and that ignore the role of luck in development policy. While the researcher may ask, What creates success on average across countries? the policymaker needs to know, What is going wrong in this country and how can we put it right? The author suggests a preliminary approach to combine the practitioner's detailed knowledge of country conditions with the broader patterns uncovered by scholars, building on growth diagnostics that identify binding constraints to development. But he shifts from the sequential decision tree framework to a more directly diagnostic approach that recognizes that policymakers must deal with many factors simultaneously. The framework he suggests combines empirical information on potential causes, estimates of their probabilities, and observed effects. He proposes this framework as the foundation, not for another recipe, but for a broader mode of thought to tackle the complexity and variance in development processes and patterns across countries and time-one country at a time.
Author:
Publisher: World Bank Publications
ISBN: 0821374060
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Author: Michael Spence
Publisher: World Bank Publications
ISBN: 0821376608
Category : Medical
Languages : en
Pages : 218
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Book Description
This book containes a series of "state of the art" essays on topics related to health and growth. The Commission on Growth and Development (CGD)--in preparing its own Growth Report--wished to take stock of the current state of knowledge and understanding of economic growth, and thus commissioned a series of essays on a range of thematic areas. One such area is health. The following questions are discussed in the book:Does investing in health raise economic growth? Can governments achieve rapid growth or high incomes without investing in health? What are the options and benefits of different an.
Author: Jean-Claude Prager
Publisher: Routledge
ISBN: 0415526701
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
Behind the mystery of economic growth stands another mystery: why do some places fare better than others? This book aims to discuss the main economic reasons for the existence of peaks and troughs in the spatial distribution of wealth and people, with a special emphasis on the role of large cities and regional agglomerations in the process of economic development.
Author: François Bourguignon
Publisher: Cambridge University Press
ISBN: 1009285742
Category : Business & Economics
Languages : en
Pages : 365
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Book Description
Based on in-depth country case studies, this book offers a novel approach to the role of institutions in early development with special attention devoted to historical context, political constraints and state-business interaction.
