The Growth Report
Title | The Growth Report PDF eBook |
Author | Commission on Growth and Development |
Publisher | World Bank Publications |
Pages | 198 |
Release | 2008-07-23 |
Genre | Business & Economics |
ISBN | 0821374923 |
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Capital for the Future
Title | Capital for the Future PDF eBook |
Author | The World Bank |
Publisher | World Bank Publications |
Pages | 171 |
Release | 2013-05-16 |
Genre | Business & Economics |
ISBN | 0821399551 |
The gradual acceleration of growth in developing countries is a defining feature of the past two decades. This acceleration came with major shifts in patterns of investment, saving, and capital flows. This second volume in the Global Development Horizons series analyzes these shifts and explores how they may evolve through 2030. Average domestic saving in developing countries stood at 34 percent of their GDP in 2010, up from 24 percent in 1990, while their investment was around 33 percent of their GDP in 2012, up from 26 percent. These trends in saving and investment, along with higher growth rates in developing countries, have resulted in developing countries’ share of global savings now standing at 46 percent, nearly double the level of the 1990s. The presence of developing countries on the global stage will continue to expand over the next two decades. Analysis in this report projects that by 2030, China will account for 30 percent of global investment activity, far and away the largest share of any single country, while India and Brazil (at 7 percent and 3 percent) will account for shares comparable to those of the United States and Japan (11 percent and 5 percent). The complex interaction among aging, growth, and financial deepening can be expected to result in a world where developing countries will contribute 62 of every 100 dollars of world saving in 2030, up from 45 dollars in 2010, and where they account for between $6.2 trillion and $13 trillion of global gross capital flows, rising from $1.3 trillion in 2010. Trends in investment, saving, and capital flows through 2030 will affect economic conditions from the household level to the global macroeconomic level, with implications not only for national policy makers but also for international institutions and policy coordination. Policymakers preparing for this change will benefit from a better understanding of the unfolding dynamics of global capital and wealth in the future. This book is accompanied by a website, http://www.worldbank.org/CapitalForTheFuture, that includes a host of related electronic resources: data sets underlying the two main scenarios presented in the report, background papers, technical appendixes, interactive widgets with variations to some of the assumptions used in the projections, and related audio and video resources.
Beyond Economic Growth
Title | Beyond Economic Growth PDF eBook |
Author | Tatyana P. Soubbotina |
Publisher | World Bank Publications |
Pages | 176 |
Release | 2000-01-01 |
Genre | Business & Economics |
ISBN | 9780821348536 |
The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development.
The Demographic Dividend
Title | The Demographic Dividend PDF eBook |
Author | David Bloom |
Publisher | Rand Corporation |
Pages | 127 |
Release | 2003-02-13 |
Genre | Social Science |
ISBN | 0833033735 |
There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.
Savings, Investment and Growth Patterns in Developed and Developing Countries
Title | Savings, Investment and Growth Patterns in Developed and Developing Countries PDF eBook |
Author | Michael I. Obadan |
Publisher | |
Pages | 88 |
Release | 2001 |
Genre | Saving and investment |
ISBN |
Money and Capital in Economic Development
Title | Money and Capital in Economic Development PDF eBook |
Author | Ronald I. McKinnon |
Publisher | Brookings Institution Press |
Pages | 204 |
Release | 2010-12-01 |
Genre | Business & Economics |
ISBN | 9780815718499 |
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.
Challenges of Growth and Globalization in the Middle East and North Africa
Title | Challenges of Growth and Globalization in the Middle East and North Africa PDF eBook |
Author | Mr.Hamid R Davoodi |
Publisher | International Monetary Fund |
Pages | 44 |
Release | 2003-09-05 |
Genre | Business & Economics |
ISBN | 9781589062290 |
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.