Publication:
The Growth Report and New Structural Economics

dc.contributor.authorMonga, Celestin
dc.contributor.authorLin, Justin Yifu
dc.date.accessioned2012-03-19T18:40:25Z
dc.date.available2012-03-19T18:40:25Z
dc.date.issued2010-06-01
dc.description.abstractDespite its heavy human, financial, and economic cost, the recent global recession provides a unique opportunity to reflect on the knowledge from several decades of growth research, draw policy lessons from the experience of successful countries, and explore new approaches going forward. In an increasingly globalized world where fighting poverty is not only a moral responsibility but also a strategy for confronting some of the major problems (diseases, malnutrition, insecurity and violence) that ignore boundaries and contribute to global insecurity, thinking about new ways of generating and sustaining growth is a crucial task for economists. This paper reassesses the evolution of knowledge on growth and suggests a new structural approach to the analysis. It offers a brief, critical review of lessons learned from growth research and examines the remaining challenges -- especially from the policy standpoint. It highlights how the 2008 Growth Commission Report identifies the stylized facts associated with sustained and inclusive growth. And it explains how the new structural economics provides a consistent framework for understanding the key findings of the Report.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100608001655
dc.identifier.doi10.1596/1813-9450-5336
dc.identifier.urihttps://hdl.handle.net/10986/3821
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5336
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subject2008 GROWTH COMMISSION REPORT
dc.subjectGLOBAL INSECURITY
dc.subjectGROWTH RESEARCH
dc.subjectSTRUCTURAL ECONOMICS
dc.subjectSUSTAINABLE GROWTH
dc.titleThe Growth Report and New Structural Economicsen
dspace.entity.typePublication
okr.crossref.titleThe Growth Report And New Structural Economics
okr.date.doiregistration2025-04-10T11:48:05.194697Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100608001655
okr.globalpracticePoverty
okr.guid317861468328209868
okr.identifier.doi10.1596/1813-9450-5336
okr.identifier.externaldocumentum000158349_20100608001655
okr.identifier.internaldocumentum12389497
okr.identifier.reportWPS5336
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/06/08/000158349_20100608001655/Rendered/PDF/WPS5336.pdfen
okr.region.administrativeThe World Region
okr.region.administrativeThe World Region
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication6f9860c3-5c17-54f1-92fb-9f5055cc0038
relation.isAuthorOfPublication.latestForDiscovery6f9860c3-5c17-54f1-92fb-9f5055cc0038
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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