Publication:
World Development Report 1991: The Challenge of Development

dc.contributor.author World Bank
dc.date.accessioned 2012-04-06T19:45:21Z
dc.date.available 2012-04-06T19:45:21Z
dc.date.issued 1991
dc.description.abstract This report is the fourteenth in an annual series assessing major development issues. This report synthesizes and interprets the lessons of more than forty years of development experience. Together with last year's report on poverty and next year's on the environment, it seeks to provide a comprehensive overview of the development agenda. The 1990s began with dramatic changes, as many countries in Eastern Europe and elsewhere initiated ambitious reforms of their economic and political systems. Against the backdrop of these transitions, this report links the historical debates that counseled policymakers in their past decisions, the lessons of experience, and the evolving thought on how best to proceed. One of the most valuable lessons relates to the interaction between the state and the market in fostering development. It describes a market-friendly approach in which governments allow markets to function well, and in which governments concentrate their interventions on areas in which markets prove inadequate. The report looks at four main aspects of the relationship between governments and markets: (a) investing in people; (b) the climate for enterprises to flourish; (c) the integration of countries with the global economy; and (d) a stable macroeconomic foundation for sustained progress. The report stresses that, above all, the future of developing countries is in their own hands. Domestic policies and institutions hold the key to successful development. en
dc.identifier.isbn 0-19-520868-4
dc.identifier.isbn 978-0-19-520868-9
dc.identifier.uri http://hdl.handle.net/10986/5974
dc.language English
dc.publisher New York: Oxford University Press
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject debt
dc.subject economic conditions
dc.subject economic development
dc.subject economic growth
dc.subject economic policies
dc.subject economics
dc.subject labor force
dc.subject political economy
dc.subject tax reform
dc.subject wages
dc.title World Development Report 1991 en
dc.title.alternative The Challenge of Development en
dc.title.subtitle The Challenge of Development en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Public-Private Partnerships
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Environment and Natural Resources
okr.globalpractice Finance and Markets
okr.globalpractice Health, Nutrition, and Population
okr.identifier.doi 10.1596/978-0-1952-0868-9
okr.language.supported en
okr.peerreview Academic Peer Review
okr.topic Environment
okr.topic Macroeconomics and Economic Growth
okr.topic Private Sector Development
okr.topic Finance and Financial Sector Development
okr.topic Health, Nutrition and Population
okr.volume 1 of 1
relation.isSeriesOfPublication 47018b9f-dbfb-4ab1-a531-6a598c79a597
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