The Quality of GrowthThe 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
Page 108
These parties agreed to ensure that their greenhouse gas emissions are reduced by at least 5.2 percent below 1990 levels in the commitment period 2008-12 . This is a significant development , because projec- tions for the United States ...
These parties agreed to ensure that their greenhouse gas emissions are reduced by at least 5.2 percent below 1990 levels in the commitment period 2008-12 . This is a significant development , because projec- tions for the United States ...
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Contents
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Common terms and phrases
accumulation action approach Asia assets associated average Bangladesh benefits better chapter China civil contribute corporate corruption costs decline degradation developing countries distribution East economic growth effects empirical environment environmental estimated evidence example expenditure factors figure firms flows forest framework function Gini coefficient global governance groups growth rates higher human capital impact important improve income increase India indicators industrial inequality institutions International investment Korea land liberties marginal measures ment natural capital Note openness outcomes percent physical capital political pollution poor population positive poverty presented production programs protection rates reduce reforms regulation Report requires risks schooling sector Selected shows significant social Source spending standard studies subsidies surveys sustained tion trade variables volatility Washington welfare World Bank
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.
Bibliographic information
| Title | The Quality of Growth A World Bank Publication World Bank e-Library |
| Editor | Vinod Thomas |
| Edition | illustrated |
| Publisher | World Bank Publications, 2000 |
| ISBN | 0195215931, 9780195215939 |
| Length | 262 pages |
| Export Citation | BiBTeX EndNote RefMan |