The Quality of GrowthVinod Thomas World Bank Publications, 2000 - 262 pages The last decade of the 20th century witnessed striking progress in the developing world and at the same time, it also saw stagnation and setbacks. Economic growth is key to development both in its pace and also in its quality. 'The Quality of Growth' is a collection of essays in an ongoing research project. The book looks at the 'World Development Report 1991: The Challenge of Development' and examines how far we have progressed at the turn of the millennium. According to the report, there are four factors especially relevant for poverty outcomes: distribution, sustainability, variability, and governance surrounding the growth process. 'The Quality of Growth' advocates broadening the policy framework from a quantitative agenda for short-term economic growth to a qualitative agenda involving human, social, and environmentally sustainable development. It is an important resource for policymakers, academicians, and all those working in the area of international development. A copublication of the World Bank and Oxford University Press. |
From inside the book
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Page 11
... here : between countries , across households within countries , and within households . As noted in World Bank ( 2000i ) , the gap between the 88 10 average income of the richest 20 countries and the average 11 A MIXED DEVELOPMENT RECORD.
... here : between countries , across households within countries , and within households . As noted in World Bank ( 2000i ) , the gap between the 88 10 average income of the richest 20 countries and the average 11 A MIXED DEVELOPMENT RECORD.
Page 12
Vinod Thomas. average income of the richest 20 countries and the average for the poorest 20 has doubled in the past 40 years — to more than 30 times . The data requirements for estimating the distribution of personal incomes in the world ...
Vinod Thomas. average income of the richest 20 countries and the average for the poorest 20 has doubled in the past 40 years — to more than 30 times . The data requirements for estimating the distribution of personal incomes in the world ...
Page 14
... average across the countries in the group . Sources : World Bank ( 2000c ) ; authors ' computations . Developing Europe and Central Asia had especially more volatile growth than other regions in the 1990s compared with the 1980s ...
... average across the countries in the group . Sources : World Bank ( 2000c ) ; authors ' computations . Developing Europe and Central Asia had especially more volatile growth than other regions in the 1990s compared with the 1980s ...
Page 19
... Average tariffs came down in the 1990s , sharply in many cases ( figure 1.12 ) . Nontariff barriers have also been reduced significantly in most regions , with the exception of Sub - Saharan Africa ( Rodrik 1999 ; UNCTAD 1994 ) ...
... Average tariffs came down in the 1990s , sharply in many cases ( figure 1.12 ) . Nontariff barriers have also been reduced significantly in most regions , with the exception of Sub - Saharan Africa ( Rodrik 1999 ; UNCTAD 1994 ) ...
Page 20
... Average Tariffs Percent Incidence of Nontariff Measures Percent 585 20 15 3356 30 25 50 40 30 20 10 10 5 0 0 East Asia Latin America Sub - Saharan Africa East Asia Latin America Sub - Saharan Africa 1984-87 1988-90 1991-93 1984-87 1988 ...
... Average Tariffs Percent Incidence of Nontariff Measures Percent 585 20 15 3356 30 25 50 40 30 20 10 10 5 0 0 East Asia Latin America Sub - Saharan Africa East Asia Latin America Sub - Saharan Africa 1984-87 1988-90 1991-93 1984-87 1988 ...
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Common terms and phrases
annex assets average Bangladesh benefits billion capita income capital accumulation capital flows capital markets capture carbon dioxide chapter Chile China civil liberties corruption Costa Rica costs decline deforestation degradation developing countries distribution of education East Asia economic growth education Gini coefficient effects empirical environment environmental estimated factors figure financial openness firms forest framework function GDP growth Gini coefficient global growth rates human and natural human capital impact increase India indicators Indonesia institutions International investment Kaufmann Korea Kuznets curve land Latin America López marginal measures ment meritocracy natural capital natural resources nomic outcomes percent percentage physical capital political poor population poverty reduction private sector production programs protection public spending reduce reforms risks rule of law schooling significant social Source spillovers strategy subsidies sustainable development sustained growth tion transition economies transparency variables volatility Wang Washington welfare World Bank World Development
Popular passages
Page 132 - Not merely as a feature of the transition, but as a permanent arrangement, the plan accords to every member Government the explicit right to control all capital movements. What used to be a heresy is now endorsed as orthodox.
Page 137 - ... the respect of citizens and the state for the institutions that govern economic and social interactions among them" (Kaufmann, Kraay and Zoido-Lobaton, 2002: 4-5).
Page 27 - The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
Page 217 - The restriction index is constructed using information from the International Monetary Fund's Annual Report on Exchange Arrangements and Exchange Restrictions.
Page 169 - We must use time creatively, and forever realize that the time is always ripe to do right.
Page 223 - A country grants its citizens political rights when it permits them to form political parties that represent a significant range of voter choice and whose leaders can openly compete for and be elected to positions of power in government. A country upholds its citizens...
Page 137 - They define (public) governance as the exercise of authority through formal and informal traditions and institutions for the common good...
Page 132 - Provided that the innocent current transactions are let through, there is nothing in the plan to prevent this. In fact, it is encouraged. It follows that our right to control the domestic capital market is secured on firmer foundations than ever before, and is formally accepted as a proper part of agreed international arrangements.
Page 227 - The unobserved components model expresses the observed data in each cluster as a linear function of the unobserved common component of governance, plus a disturbance term capturing perception errors and/or sampling variation in each indicator.
Page 209 - Significant at the 10 percent level. * * Significant at the 5 percent level. * * * Significant at the 1 percent level.