Ascent after Decline : Regrowing
            Global Economies after the Great Recession

Canuto, Otaviano; Leipziger, Danny M.

dc.creator	Canuto, Otaviano
dc.creator	Leipziger, Danny M.
dc.date	2012-03-19T08:44:10Z
dc.date	2012-03-19T08:44:10Z
dc.date	2012-01-09
dc.date.accessioned	2023-02-17T20:33:12Z
dc.date.available	2023-02-17T20:33:12Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20120119233158
dc.identifier	978-0-8213-8942-3
dc.identifier	http://hdl.handle.net/10986/2233
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242612
dc.description	This volume combines the analyses of leading experts on the various elements affecting economic growth and the policies required to spur that growth. Ascent after Decline: Regrowing Global Economies after the Great Recession identifies the main challenges to the economic recovery, such as rising debt levels, reduced trade prospects, and global imbalances, as well as the obstacles to growth posed by fiscal conundrums and lagging infrastructure. It also examines the way forward, beginning with the role of the state and then covering labor markets, information technology, and innovation. The common thread throughout the book is the view that economic re-growth will depend in large measure on smart policy choices and that the role of government has never been more crucial than at any time since the great depression. As members of the World Bank community, these issues are of particular importance to us, since without a resurrection of strong economic growth in major economies, the likelihood of rapid economic development in poorer developing countries is dampened. This is troubling because we have seen progress in many parts of the globe in the past decade, including in Africa, and these gains will be arrested as long as the global economy is in disarray. Donors will withdraw, investment will retrench, and prospects will dim. This immiserizing welfare outcome is to be avoided. The volume is intended to shed light on those areas of policy that reduce the prospects of a prolonged period of stress and decline by 'regrowing growth.'
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ADVANCED COUNTRIES
dc.subject	ADVANCED ECONOMIES
dc.subject	AGGREGATE DEMAND
dc.subject	ARBITRAGE
dc.subject	ASSET PRICES
dc.subject	ASSETS
dc.subject	BALANCE SHEETS
dc.subject	BANK CREDIT
dc.subject	BANK GOVERNORS
dc.subject	BANKING SECTOR
dc.subject	BANKING SYSTEMS
dc.subject	BUSINESS CYCLE
dc.subject	CAPITAL ACCUMULATION
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL FLOW
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL INFLOWS
dc.subject	CENTRAL BANK
dc.subject	CENTRAL BANK POLICY
dc.subject	CENTRAL BANKS
dc.subject	CLIENT COUNTRIES
dc.subject	COLLATERAL
dc.subject	COMMON CURRENCY
dc.subject	COMMUNICATION TECHNOLOGY
dc.subject	COMPETITIVE EXCHANGE RATE
dc.subject	COMPETITIVENESS
dc.subject	CONSOLIDATION
dc.subject	CONSUMER DURABLES
dc.subject	COPYRIGHT CLEARANCE
dc.subject	COPYRIGHT CLEARANCE CENTER
dc.subject	CORPORATE TAX
dc.subject	CREDITWORTHINESS
dc.subject	CURRENT ACCOUNT
dc.subject	CURRENT ACCOUNT BALANCE
dc.subject	CURRENT ACCOUNT BALANCES
dc.subject	CURRENT ACCOUNT DEFICIT
dc.subject	CURRENT ACCOUNT DEFICITS
dc.subject	CURRENT ACCOUNT IMBALANCES
dc.subject	CURRENT ACCOUNT POSITIONS
dc.subject	CURRENT ACCOUNT SURPLUSES
dc.subject	DEBT CRISIS
dc.subject	DEBT SERVICE
dc.subject	DEBT SUSTAINABILITY
dc.subject	DEPENDENCY RATIO
dc.subject	DEPRESSION
dc.subject	DEREGULATION
dc.subject	DEVALUATION
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVELOPING ECONOMY
dc.subject	DISCOUNT RATE
dc.subject	DOMESTIC CREDIT
dc.subject	DOMESTIC DEBT
dc.subject	DOMESTIC DEMAND
dc.subject	DOMESTIC REAL INTEREST RATES
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC ENVIRONMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC POLICY
dc.subject	ECONOMIES OF SCALE
dc.subject	EMERGING ECONOMIES
dc.subject	EMERGING MARKET
dc.subject	EMERGING MARKET ECONOMIES
dc.subject	EMERGING-MARKET
dc.subject	EQUILIBRIUM
dc.subject	EQUITY MARKETS
dc.subject	EXCESS CAPACITY
dc.subject	EXCESS SUPPLY
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE FLEXIBILITY
dc.subject	EXCHANGE RATE POLICIES
dc.subject	EXCHANGE RATES
dc.subject	EXOGENOUS SHOCKS
dc.subject	EXPORT MARKETS
dc.subject	EXPORT PERFORMANCE
dc.subject	EXPOSURE
dc.subject	EXTERNAL DEFICITS
dc.subject	EXTERNAL DEMAND
dc.subject	FEDERAL RESERVE
dc.subject	FINANCIAL CONSTRAINTS
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL REFORM
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL VOLATILITY
dc.subject	FINANCIAL VULNERABILITY
dc.subject	FISCAL CONSOLIDATION
dc.subject	FISCAL DEFICITS
dc.subject	FISCAL IMBALANCES
dc.subject	FISCAL POLICIES
dc.subject	FISCAL POLICY
dc.subject	FLOWS OF CAPITAL
dc.subject	FOOD PRICES
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN RESERVES
dc.subject	GLOBAL DEMAND
dc.subject	GLOBAL ECONOMIES
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL FINANCE
dc.subject	GLOBAL IMBALANCES
dc.subject	GLOBAL MARKET
dc.subject	GLOBAL MARKETS
dc.subject	GLOBALIZATION
dc.subject	GOVERNMENT BONDS
dc.subject	GOVERNMENT DEBT
dc.subject	GOVERNMENT SECURITIES
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROSS NATIONAL INCOME
dc.subject	GROWTH PERFORMANCE
dc.subject	GROWTH RATES
dc.subject	HARMONIZATION
dc.subject	HUMAN CAPITAL
dc.subject	IMBALANCE
dc.subject	IMPORT
dc.subject	IMPORT DEMAND
dc.subject	IMPORT PROTECTION
dc.subject	IMPORTS
dc.subject	INCOME TAX
dc.subject	INDEBTEDNESS
dc.subject	INDUSTRIAL COUNTRIES
dc.subject	INFLATION
dc.subject	INFLATIONARY PRESSURE
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INTELLECTUAL PROPERTY
dc.subject	INTEREST RATE
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL BUSINESS
dc.subject	INTERNATIONAL ECONOMICS
dc.subject	INTERNATIONAL FINANCIAL ARCHITECTURE
dc.subject	INTERNATIONAL MONETARY SYSTEM
dc.subject	INTERNATIONAL RESERVE
dc.subject	INTERNATIONAL TRADE
dc.subject	INVESTMENT RATIOS
dc.subject	JOINT VENTURE
dc.subject	LABOR MARKET
dc.subject	LABOR MARKETS
dc.subject	LEVERAGE
dc.subject	LIBERALIZATION
dc.subject	LIBERALIZATION OF TRADE
dc.subject	LIQUIDITY
dc.subject	MACROECONOMIC POLICY
dc.subject	MACROECONOMIC STABILIZATION
dc.subject	MARKET SEGMENT
dc.subject	MARKET SEGMENTS
dc.subject	MARKET SHARES
dc.subject	MONETARY POLICIES
dc.subject	MONETARY POLICY
dc.subject	MONIES
dc.subject	MORTGAGES
dc.subject	NATIONAL SAVING
dc.subject	NATURAL RESOURCE
dc.subject	NATURAL RESOURCES
dc.subject	OIL EXPORTERS
dc.subject	OIL PRICE
dc.subject	OIL-EXPORTING COUNTRIES
dc.subject	OPEN ECONOMIES
dc.subject	OUTPUT
dc.subject	OUTPUT DECLINE
dc.subject	OUTPUT GAPS
dc.subject	OUTPUT RESPONSE
dc.subject	PENSION
dc.subject	PENSION LIABILITIES
dc.subject	PERSISTENT UNEMPLOYMENT
dc.subject	POVERTY REDUCTION
dc.subject	PRIVATE CONSUMPTION
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE INVESTMENT
dc.subject	PROTECTIONIST MEASURES
dc.subject	PUBLIC DEBT
dc.subject	PUBLIC EXPENDITURES
dc.subject	PUBLIC SPENDING
dc.subject	PUBLIC-PRIVATE PARTNERSHIP
dc.subject	REAL DEPRECIATION
dc.subject	REAL EFFECTIVE EXCHANGE RATES
dc.subject	RECESSION
dc.subject	RECESSIONS
dc.subject	REGIONAL MARKETS
dc.subject	REGULATORY REFORM
dc.subject	RESERVE CURRENCY
dc.subject	RISK CAPITAL
dc.subject	SECTOR LIBERALIZATION
dc.subject	SECTOR REFORM
dc.subject	SHORTFALLS
dc.subject	SLACK
dc.subject	SLOW GROWTH
dc.subject	SLOWDOWN
dc.subject	SOVEREIGN DEBT
dc.subject	STEADY STATE
dc.subject	STOCK MARKET
dc.subject	STOCK MARKET CAPITALIZATION
dc.subject	STRUCTURAL REFORM
dc.subject	STRUCTURAL REFORMS
dc.subject	SURPLUS
dc.subject	SURPLUS COUNTRIES
dc.subject	TAX RATE
dc.subject	TAX REFORM
dc.subject	TAX REFORMS
dc.subject	TRADE DEFICITS
dc.subject	TRADE OPENNESS
dc.subject	TRADE PATTERNS
dc.subject	TRADING SYSTEM
dc.subject	UNCERTAINTY
dc.subject	UNEMPLOYMENT RATES
dc.subject	WORLD ECONOMY
dc.title	Ascent after Decline : Regrowing Global Economies after the Great Recession
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication