Publication: A Strategy for Development
Loading...
Date
2002
ISSN
Published
2002
Author(s)
Editor(s)
Abstract
This book is about a collection of speeches -all delivered since Nicholas Stern became Chief Economist of the World Bank in July 2000- they reflect insights that Mr. Stern has gained over more than three decades of study and work in development economics. Together they provide an analysis of development experience and an agenda for action in coming years. In his introduction the author explains the evolution of his ideas, starting with early work in Africa and India, within the larger context of changes in development thinking and strategy. The speeches that follow draw on his varied experience and on the research findings and operational experience of the World Bank. The first speech provides and overview of the past five decades of development. Speeches that follow explore current development issues in India, Indonesia, Pakistan, and China. A strategy for development is then outlined; building an economic climate that facilitates investment and growth, and empowering poor people to participate in that growth. A concluding speech examines the role of the international financial institutions in promoting investment and overcoming poverty.
Link to Data Set
Citation
“Stern, Nicholas. 2002. A Strategy for Development. © World Bank. http://hdl.handle.net/10986/15213 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Non-Farm Diversification, Poverty, Economic Mobility and Income Inequality : A Case Study in Village India(World Bank, Washington, DC, 2013-05)This paper assembles data at the all-India level and for the village of Palanpur, Uttar Pradesh, to document the growing importance, and influence, of the non-farm sector in the rural economy between the early 1980s and late 2000s. The suggestion from the combined National Sample Survey and Palanpur data is of a slow process of non-farm diversification, whose distributional incidence, on the margin, is increasingly pro-poor. The village-level analysis documents that the non-farm sector is not only increasing incomes and reducing poverty, but appears as well to be breaking down long-standing barriers to mobility among the poorest segments of rural society. Efforts by the government of India to accelerate the process of diversification could thus yield significant returns in terms of declining poverty and increased income mobility. The evidence from Palanpur also shows, however, that at the village-level a significant increase in income inequality has accompanied diversification away from the farm. A growing literature argues that such a rise in inequality could affect the fabric of village society, the way in which village institutions function and evolve, and the scope for collective action at the village level. Failure to keep such inequalities in check could thus undermine the pro-poor impacts from the process of structural transformation currently underway in rural India.Publication Annual World Bank Conference on Development Economics 2001/2002(Washington, DC: World Bank, 2002)The Annual World Bank Conference on Development Economics is a forum for discussion, and debate of important policy issues facing developing countries. This report for 2001-2002 focuses on two main themes, based on papers presented, and discussions that followed: 1) globalization and inequality, drawing on historical trends, through the human capital nexus, and the role of foreign trade and investment, to the geographic and international inequalities of globalization, and how the impact of technological change affected the developing world; and, 2) health and development, focused on the role of nongovernmental organizations in the provision of health care, with a special look at the patent policy proposal for global diseases. Health, income, and economic development are emphasized, so as to highlight the world inequality, and the growing concerns on the rising longevity.Publication Annual World Bank Conference on Development Economics, Europe 2003 : Toward Pro-Poor Policies--Aid, Institutions, and Globalization(Washington, DC: World Bank and Oxford University Press, 2004)The Annual World Bank Conference on Development Economics(ABCDE)-Europe 2003 presents selected papers from the fourth annual ABCDE-Europe meetings, held June 24-26, 2002, in Oslo, Norway. More than 350 eminent scholars and practitioners from 50 countries met to deliberate on the theme 'Towards Pro-Poor Policies'. The papers from sessions on aid, institutions, and globalization provide both a general overview of links between poverty, inequality, and growth, and address specific topics such as the Heavily Indebted Poor Countries Initiative for debt reduction. All consider the role of policies and institutions in development and poverty reduction. This volume contains an overview by Bertil Tungodden, Ivar Kolstad, and Nicholas Stern; papers on aid by Nicholas Stern, David Roland-Holst and Finn Tarp, Stephan Klasen, Lisa Chauvet and Patrick Guillaumont, and Jean-Pierre Cling, Mireille Razafindrakoto, and Fran?s Roubaud; papers on institutions by Mariano Tommasi, Mushtaq Khan, David Dunham, Stanley Engerman and Kenneth Sokoloff, Karla Hoff and Joseph Stiglitz; and papers on globalization by Jomo Sundaram, John Dunning, Antonio Spilimbergo, Juan Luis Londoo, and Miguel Szly, Andre Solimano, and Oded Stark.Publication Annual World Bank Conference on Development Economics 2000(Washington, DC: World Bank, 2001-07)These are the proceedings of the Annual World Bank Conference on Development Economics, which gathers the global perspective of scholars, and practitioners of development policy from academic life, government, and the private sector. The selected topics seek to include new areas of concern, and current research, as well as areas believed to benefit from exposure to recent knowledge, and experience. This year's conference focused on new development thinking, crises and recovery, corporate governance and restructuring, and, social security, public and private savings. The opening address outlines challenges for development, that include the intransigence of poverty in Africa, and ways to establish public-private partnerships at the country, and global levels, while the keynote address identifies equilibrium, and change as the focus of development economics: long-term sustainable growth requires development of a consensus behind the reform policies. Discussions varied from crises and recovery, through perspectives on the recent history of transition economies, to arguments on the possibilities of poverty reduction on a grand scale. Other topics include the exploration of development strategies, revision of the role of aid in providing finance, changing policies, and knowledge transfer, and, how to coordinate development problems.Publication Annual World Bank Conference on Development Economics 2003 : The New Reform Agenda(Washington, DC: World Bank and Oxford University Press, 2003)The Annual World Bank Conference on Development Economics seeks to expand the flow of ideas among development policy researchers, academics, and practitioners from around the world. It is a premier forum for World Bank and other experts to exchange ideas, challenge one another's findings, and expand theoretical and practical knowledge of development. Each year the topics selected for the conference represent new matters of concern or areas that will benefit from a review of what we know and from the identification of what still needs to be explored and expanded. This year's conference, held at the World Bank on April 29-30, 2002, addressed four themes: trade and poverty, Africa's future in terms of industrial and/or agricultural development, education and empowerment, and investment climate and productivity, with Andrew Berg and Anne Krueger, Paul Collier, Simeon Djankov, Rafael La Porta, Florencio Lopez-De-Silanes, and Andrei Schleifer, Ravi Kanbur, Carmen M. Reinhart and Kenneth S. Rogoff, L. Alan Winters, and Adrian Wood. World Bank President James D. wolfensohn, Chief Economist Nicholas Stern, and John B. Taylor also addressed the conference.
Users also downloaded
Showing related downloaded files
Publication Lebanon Economic Monitor, Fall 2022(Washington, DC, 2022-11)The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon’s economy, the Lebanese Pound continues to depreciate sharply. The sharp deterioration in the currency continues to drive surging inflation, in triple digits since July 2020, impacting the poor and vulnerable the most. An unprecedented institutional vacuum will likely further delay any agreement on crisis resolution and much needed reforms; this includes prior actions as part of the April 2022 International Monetary Fund (IMF) staff-level agreement (SLA). Divergent views among key stakeholders on how to distribute the financial losses remains the main bottleneck for reaching an agreement on a comprehensive reform agenda. Lebanon needs to urgently adopt a domestic, equitable, and comprehensive solution that is predicated on: (i) addressing upfront the balance sheet impairments, (ii) restoring liquidity, and (iii) adhering to sound global practices of bail-in solutions based on a hierarchy of creditors (starting with banks’ shareholders) that protects small depositors.Publication The Journey Ahead(Washington, DC: World Bank, 2024-10-31)The Journey Ahead: Supporting Successful Migration in Europe and Central Asia provides an in-depth analysis of international migration in Europe and Central Asia (ECA) and the implications for policy making. By identifying challenges and opportunities associated with migration in the region, it aims to inform a more nuanced, evidencebased debate on the costs and benefits of cross-border mobility. Using data-driven insights and new analysis, the report shows that migration has been an engine of prosperity and has helped address some of ECA’s demographic and socioeconomic disparities. Yet, migration’s full economic potential remains untapped. The report identifies multiple barriers keeping migration from achieving its full potential. Crucially, it argues that policies in both origin and destination countries can help maximize the development impacts of migration and effectively manage the economic, social, and political costs. Drawing from a wide range of literature, country experiences, and novel analysis, The Journey Ahead presents actionable policy options to enhance the benefits of migration for destination and origin countries and migrants themselves. Some measures can be taken unilaterally by countries, whereas others require close bilateral or regional coordination. The recommendations are tailored to different types of migration— forced displacement as well as high-skilled and low-skilled economic migration—and from the perspectives of both sending and receiving countries. This report serves as a comprehensive resource for governments, development partners, and other stakeholders throughout Europe and Central Asia, where the richness and diversity of migration experiences provide valuable insights for policy makers in other regions of the world.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication Argentina Country Climate and Development Report(World Bank, Washington, DC, 2022-11)The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.Publication World Development Report 2006(Washington, DC, 2005)This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.