Ascent After Decline : Challenges of Growth

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collection.link.171
https://openknowledge.worldbank.org/handle/10986/9402
collection.name.171
Economic Premise
dc.contributor.author
Canuto, Otaviano
dc.contributor.author
Leipziger, Danny M.
dc.date.accessioned
2012-08-13T10:17:17Z
dc.date.available
2012-08-13T10:17:17Z
dc.date.issued
2012-02
dc.description.abstract
This note examines one of the most fundamental questions to emerge from the Great Recession of 2007-9: how to regrow global economic growth going forward? Although all are painfully aware that it may be 2013 or 2014 before the global economy returns to normalcy, no one is sanguine about medium- to long-term growth prospects. For this reason, the challenging task of 'regrowing growth' will take center stage for politicians and policy makers alike. One point is clear: without a resurrection of strong economic growth in major economies, the likelihood of rapid economic development in poor developing countries is diminished. How various elements will affect growth prospects is less clear, but vitally important. In the terminology of Hausmann and Rodrik (2003), this is a process of discovery and we are in somewhat uncharted territory.
en
dc.identifier.uri
http://hdl.handle.net/10986/10055
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Economic Premise; No. 75
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
ADVANCED COUNTRIES
dc.subject
ADVANCED ECONOMIES
dc.subject
AGGREGATE DEMAND
dc.subject
ANTI-INFLATION POLICIES
dc.subject
ASSET PRICES
dc.subject
BAILOUT
dc.subject
BAILOUT COSTS
dc.subject
BALANCE SHEETS
dc.subject
BANK CREDIT
dc.subject
BANK DEBT
dc.subject
BANK GOVERNORS
dc.subject
BANKS
dc.subject
BARRIERS TO ENTRY
dc.subject
BUSINESS CYCLE
dc.subject
CAPITAL ACCUMULATION
dc.subject
CAPITAL ADEQUACY
dc.subject
CAPITAL FLOWS
dc.subject
CAPITAL SHORTAGE
dc.subject
CAPITAL SURPLUS
dc.subject
CENTRAL BANK
dc.subject
CENTRAL BANK POLICY
dc.subject
COLLATERAL
dc.subject
COMMUNICATION TECHNOLOGY
dc.subject
COMPETITION POLICIES
dc.subject
COMPETITIVE EXCHANGE
dc.subject
COMPETITIVE EXCHANGE RATE
dc.subject
CONSOLIDATION
dc.subject
CONSUMER DURABLES
dc.subject
CREDIT GROWTH
dc.subject
CURRENCY
dc.subject
CURRENT ACCOUNT
dc.subject
CURRENT ACCOUNT DEFICITS
dc.subject
CURRENT ACCOUNT IMBALANCES
dc.subject
CURRENT ACCOUNT SURPLUSES
dc.subject
DEBT LEVELS
dc.subject
DEBT RESTRUCTURING
dc.subject
DEBT SERVICE
dc.subject
DEPRESSION
dc.subject
DEREGULATION
dc.subject
DEVALUATION
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPING COUNTRY
dc.subject
DEVELOPING ECONOMIES
dc.subject
DEVELOPING WORLD
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT POLICY
dc.subject
DEVELOPMENT REPORT
dc.subject
DOMESTIC DEBT
dc.subject
DOMESTIC DEMAND
dc.subject
DOMESTIC REAL INTEREST RATES
dc.subject
ECONOMIC CRISIS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC DOWNTURN
dc.subject
ECONOMIC ENVIRONMENT
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC IMPACT
dc.subject
ECONOMIC POWERS
dc.subject
ECONOMIES OF SCALE
dc.subject
EMERGENCY FINANCING
dc.subject
EMERGING ECONOMIES
dc.subject
EMERGING MARKETS
dc.subject
EMERGING-MARKET
dc.subject
EMPIRICAL STUDIES
dc.subject
EMPLOYMENT
dc.subject
EUROPEAN CENTRAL BANK
dc.subject
EXCESS CAPACITY
dc.subject
EXCHANGE RATE
dc.subject
EXPORT MARKETS
dc.subject
EXPORT PERFORMANCE
dc.subject
EXPOSURE
dc.subject
EXTERNALITIES
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL MARKETS
dc.subject
FINANCIAL REGULATION
dc.subject
FINANCIAL SECTOR
dc.subject
FINANCIAL SECTORS
dc.subject
FINANCIAL SHOCKS
dc.subject
FINANCIAL SYSTEM
dc.subject
FISCAL CONSOLIDATION
dc.subject
FISCAL IMBALANCES
dc.subject
FISCAL POLICY
dc.subject
FOREIGN RESERVES
dc.subject
GLOBAL DEMAND
dc.subject
GLOBAL ECONOMIC PROSPECTS
dc.subject
GLOBAL ECONOMIES
dc.subject
GLOBAL ECONOMY
dc.subject
GLOBAL IMBALANCES
dc.subject
GLOBAL MARKETS
dc.subject
GLOBALIZATION
dc.subject
GOVERNMENT BONDS
dc.subject
GOVERNMENT DEBT
dc.subject
GOVERNMENT POLICY
dc.subject
GOVERNMENT SECURITIES
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROWTH PERFORMANCE
dc.subject
GROWTH POLICIES
dc.subject
GROWTH PROSPECTS
dc.subject
GROWTH RATES
dc.subject
HARMONIZATION
dc.subject
HIGH GROWTH
dc.subject
HOLDING
dc.subject
HOUSING
dc.subject
HUMAN CAPITAL
dc.subject
IMPORT
dc.subject
IMPORTS
dc.subject
INCOME
dc.subject
INCOME INEQUALITY
dc.subject
INDEBTEDNESS
dc.subject
INDIVIDUAL COUNTRIES
dc.subject
INDUSTRIAL POLICY
dc.subject
INFLATION
dc.subject
INFORMATION TECHNOLOGY
dc.subject
INFRASTRUCTURE PROJECTS
dc.subject
INTEREST RATES
dc.subject
INTERNATIONAL BUSINESS
dc.subject
INTERNATIONAL FINANCIAL ARCHITECTURE
dc.subject
INVENTORIES
dc.subject
INVESTMENT MANAGEMENT
dc.subject
JOB CREATION
dc.subject
LABOR COSTS
dc.subject
LABOR MARKETS
dc.subject
LACK OF CONFIDENCE
dc.subject
LEVERAGE
dc.subject
LIBERALIZATION
dc.subject
LIBERALIZATION OF TRADE
dc.subject
LIQUIDITY
dc.subject
LONG RUN
dc.subject
LONG-RUN GROWTH
dc.subject
LONG-TERM GROWTH
dc.subject
MACROECONOMIC POLICY
dc.subject
MACROECONOMIC STABILIZATION
dc.subject
MARKET ECONOMIES
dc.subject
MEDIUM TERM
dc.subject
MONETARY FUND
dc.subject
MONETARY POLICIES
dc.subject
MONETARY POLICY
dc.subject
MONETARY POLICY DECISIONS
dc.subject
MORAL HAZARD
dc.subject
NATURAL RESOURCES
dc.subject
NEW PRODUCT
dc.subject
OPEN MARKETS
dc.subject
OUTPUT
dc.subject
OUTPUT GAPS
dc.subject
OUTPUT GROWTH
dc.subject
POLICY CHANGE
dc.subject
POLICY MAKERS
dc.subject
POLICY OPTIONS
dc.subject
POLICY RESPONSES
dc.subject
POLITICAL ECONOMY
dc.subject
POVERTY REDUCTION
dc.subject
PRODUCTIVITY
dc.subject
PROTECTIONIST MEASURES
dc.subject
PRUDENTIAL REGULATIONS
dc.subject
PUBLIC DEBT
dc.subject
PUBLIC EXPENDITURES
dc.subject
PUBLIC FINANCES
dc.subject
PUBLIC INFRASTRUCTURE
dc.subject
REAL EFFECTIVE EXCHANGE RATES
dc.subject
REAL ESTATE
dc.subject
REAL INTEREST
dc.subject
RECESSION
dc.subject
REGULATORY REFORM
dc.subject
RESERVE
dc.subject
RESOURCE MOBILIZATION
dc.subject
RETURN
dc.subject
RETURNS
dc.subject
RISK CAPITAL
dc.subject
SLACK
dc.subject
SOLVENCY
dc.subject
SOVEREIGN DEBT
dc.subject
SOVEREIGN DEBT PROBLEM
dc.subject
STEADY STATE
dc.subject
SURPLUS
dc.subject
SURPLUS COUNTRIES
dc.subject
SWAP
dc.subject
TECHNOLOGICAL INNOVATION
dc.subject
TRADE DEFICITS
dc.subject
TRADE OPENNESS
dc.subject
TRADING
dc.subject
TRADING SYSTEM
dc.subject
UNCERTAINTY
dc.subject
VOLATILITY
dc.subject
WARRANTS
dc.title
Ascent After Decline : Challenges of Growth
en
okr.date.disclosure
2012-02-29
okr.doctype
Publications & Research :: Brief
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2012/02/15879732/ascent-after-decline-challenges-growth
okr.globalpractice
Poverty
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333038_20120229234304
okr.identifier.internaldocumentum
15879732
okr.identifier.report
67221
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/02/29/000333038_20120229234304/Rendered/PDF/672210BRI00PUB020120Box367863B0EP75.pdf
en
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Banks and Banking Reform
okr.topic
Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.unit
Office of VP & Head of Network (PRMVP)
okr.volume
1 of 1

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