dc.contributor.author	World Bank
dc.date.accessioned	2012-04-06T19:46:07Z
dc.date.available	2012-04-06T19:46:07Z
dc.date.issued	2002
dc.description.abstract	Markets should give incentives to engage in wider trade, forge the ability to use resources, and skills fully, and provide the opportunity to increase incomes, and accumulate assets. Despite underlying problems, many people in both developed, and developing countries do engage in productive, and rewarding market activity, for income from market participation is the key to economic growth for nations, and to reducing poverty for individuals. This report is about enhancing opportunities for poor people in markets, and empower them, provided regulatory frameworks, law enforcement, and organizational promotion accompany market transactions. Hence, building institutions that support the development of markets is the primary focus of this report, analyzing what institutions do to promote growth, and facilitate access, and suggesting how to build effective institutions. In understanding what drives institutional change, the report emphasizes the importance of history, highlighting the need to ensure effective institutions through: a design that complements existing institutions, human capabilities, and available technologies; innovations to identify both institutions that work, and those that do not; communities of market players connected through open information, and trade; and, the promotion of competition among jurisdictions, firms, and individuals. This overview is a presage to the World Development Report 2002, which shows that institutional strength ensures stable, and inclusive growth.	en
dc.identifier.doi	10.1596/0-1952-1606-7
dc.identifier.isbn	978-0-19-521606-6
dc.identifier.isbn	0-19-521606-7
dc.identifier.uri	https://hdl.handle.net/10986/5984
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	Development indicators
dc.subject	Institution building
dc.subject	Market forces
dc.subject	Market competition
dc.subject	Institutional framework
dc.subject	Economic integration
dc.subject	Poverty reduction strategies
dc.subject	Poverty incidence
dc.subject	Market integration
dc.subject	Human development
dc.subject	Human capital
dc.subject	Capacity building
dc.title	World Development Report 2002	en
dc.title.subtitle	Building Institutions for Markets	en
dspace.entity.type	Publication
okr.crossref.title	World Development Report 2002
okr.date.doiregistration	2025-04-15T12:05:39.176774Z
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.guid	850161468336075630
okr.guid	348481468156581742
okr.guid	682411468160777152
okr.guid	402691468175148845
okr.guid	704061468138870671
okr.guid	580611468339090245
okr.guid	379351468315559405
okr.guid	228361468140407049
okr.guid	832301468330010493
okr.identifier.doi	10.1596/0-1952-1606-7
okr.identifier.report	22825
okr.language.supported	en
okr.peerreview	Academic Peer Review
okr.topic	International Economics and Trade
okr.topic	Macroeconomics and Economic Growth
okr.topic	Finance and Financial Sector Development
relation.isSeriesOfPublication	47018b9f-dbfb-4ab1-a531-6a598c79a597
relation.isSeriesOfPublication.latestForDiscovery	47018b9f-dbfb-4ab1-a531-6a598c79a597

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World Development Report 2002: Building Institutions for Markets