Sangam: A Confluence of Knowledge Streams

Globalization and Growth - Implications for a Post-Crisis World : Commission on Growth and Development

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dc.creator Spence, Michael
dc.creator Leipziger, Danny
dc.date 2012-03-19T09:33:40Z
dc.date 2012-03-19T09:33:40Z
dc.date 2010
dc.date.accessioned 2023-02-17T20:36:27Z
dc.date.available 2023-02-17T20:36:27Z
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_20100427004420
dc.identifier 978-0-8213-8220-2
dc.identifier http://hdl.handle.net/10986/2440
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/242870
dc.description The commission on growth and development was established in April 2006 as a response to two observations. While the author felt that the benefits of growth were not fully appreciated, the author recognized that the causes of growth were not fully understood. Growth is often overlooked and underrated as an instrument for tackling the world's most pressing problems, such as poverty, illiteracy, income inequality, unemployment, and pollution. At the same time, understanding of economic growth is less definitive than commonly thought, even though advice sometimes has been given to developing countries with greater confidence than perhaps the state of our knowledge will justify. Consequently, the commission's mandate was to 'take stock of the state of theoretical and empirical knowledge on economic growth with a view to drawing implications for policy for the current and next generation of policy makers.' This mandate has even more significance in the aftermath of the financial and economic crisis of 2008. As developing countries seek to repair the damage to their economies and to re-launch themselves on a sustained high-growth path, there has never been a greater need for fresh new ideas and approaches to achieving sustained high growth. There has been no dearth of commentary about what the crisis may mean, but in reality, until the bottom has been reached and the path to recovery is clear, it will be difficult to draw general lessons for the future. This collection of essays encompasses a variety of viewpoints and covers both medium- and long-term policy issues. It is said that more textbooks have become obsolete in 2009 than in any year since the great depression. As a corollary, much has been written that is worth reviewing in a volume on globalization. The papers look at the issue of globalization from diverse points of view and add insights and perspective to the recommendations of the growth report.
dc.language English
dc.publisher World Bank
dc.relation Commission on Growth and Development
dc.rights CC BY 3.0 IGO
dc.rights http://creativecommons.org/licenses/by/3.0/igo
dc.rights World Bank
dc.subject ACCOUNTANT
dc.subject AGGREGATE DEMAND
dc.subject AIR POLLUTION
dc.subject ASSET PRICES
dc.subject BAILOUTS
dc.subject BALANCE SHEETS
dc.subject BANK LOANS
dc.subject BANK MARKET
dc.subject BENEFICIARIES
dc.subject BUDGET
dc.subject CAPITAL ACCOUNTS
dc.subject CAPITAL ADEQUACY
dc.subject CAPITAL FLOWS
dc.subject CAPITAL INFLOWS
dc.subject CAPITAL MARKET
dc.subject CAPITAL MARKETS
dc.subject CAPITAL OUTFLOWS
dc.subject CAPITALIST ECONOMIES
dc.subject CARBON
dc.subject CARBON DIOXIDE
dc.subject CDS
dc.subject CENTRAL BANK
dc.subject CENTRAL BANKS
dc.subject CLIMATE CHANGE
dc.subject CONTRACT
dc.subject CREDIT
dc.subject CREDIT DEFAULT
dc.subject CREDIT DEFAULT SWAP
dc.subject CREDIT MARKETS
dc.subject CROSS-BORDER FLOWS
dc.subject DEBT
dc.subject DEBT LEVELS
dc.subject DEBT OBLIGATION
dc.subject DEMAND
dc.subject DEMOGRAPHICS
dc.subject DEPOSIT
dc.subject DEREGULATION
dc.subject DEVELOPED COUNTRIES
dc.subject DEVELOPING COUNTRIES
dc.subject DEVELOPING COUNTRY
dc.subject DEVELOPMENT BANK
dc.subject DOMESTIC CAPITAL
dc.subject DOMESTIC CAPITAL MARKETS
dc.subject ECONOMIC ACTIVITY
dc.subject ECONOMIC CONDITIONS
dc.subject ECONOMIC DEVELOPMENT
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC VALUE
dc.subject ECONOMICS
dc.subject ECONOMIES
dc.subject ECONOMISTS
dc.subject EFFICIENCY
dc.subject EMERGING ECONOMIES
dc.subject EMERGING MARKET
dc.subject EMERGING MARKET COUNTRIES
dc.subject EMERGING MARKET ECONOMIES
dc.subject EMERGING MARKETS
dc.subject EMISSIONS
dc.subject ENABLING ENVIRONMENT
dc.subject ENVIRONMENT
dc.subject ENVIRONMENTAL
dc.subject ENVIRONMENTAL ECONOMICS
dc.subject ENVIRONMENTAL POLICY
dc.subject EQUILIBRIUM
dc.subject EQUITY
dc.subject EXCHANGE RATE
dc.subject EXCHANGE RATES
dc.subject EXPENDITURE
dc.subject EXPENDITURES
dc.subject EXTERNAL FINANCE
dc.subject FEDERAL DEPOSIT INSURANCE
dc.subject FEDERAL RESERVE
dc.subject FEDERAL RESERVE BANK
dc.subject FINANCE
dc.subject FINANCIAL CRISES
dc.subject FINANCIAL CRISIS
dc.subject FINANCIAL FLOWS
dc.subject FINANCIAL FRAGILITY
dc.subject FINANCIAL HISTORY
dc.subject FINANCIAL INSTITUTIONS
dc.subject FINANCIAL RISKS
dc.subject FINANCIAL STABILITY
dc.subject FINANCIAL SYSTEM
dc.subject FINANCIAL SYSTEMS
dc.subject FISCAL BURDEN
dc.subject FISCAL POLICY
dc.subject FORECLOSURES
dc.subject FOREIGN CAPITAL
dc.subject FOREIGN EXCHANGE
dc.subject FOREIGN EXCHANGE RESERVES
dc.subject FOREIGN FINANCING
dc.subject FORESTRY
dc.subject FRICTIONAL UNEMPLOYMENT
dc.subject FUTURE
dc.subject FUTURES
dc.subject GLOBAL ECONOMY
dc.subject GLOBAL MARKETS
dc.subject GLOBALIZATION
dc.subject GOOD
dc.subject GOODS
dc.subject GOVERNANCE ISSUES
dc.subject GOVERNMENT DEBT
dc.subject GOVERNMENT FUNDING
dc.subject GOVERNMENT INVOLVEMENT
dc.subject GOVERNMENT SPENDING
dc.subject GROSS DOMESTIC PRODUCT
dc.subject GUARANTEE
dc.subject GUARANTEES
dc.subject HIGH UNEMPLOYMENT
dc.subject HUMAN CAPITAL
dc.subject INCENTIVES
dc.subject INCOME INEQUALITY
dc.subject INCOME LEVEL
dc.subject INDEBTEDNESS
dc.subject INFLATION
dc.subject INFORMATION SYSTEM
dc.subject INFORMATION TECHNOLOGY
dc.subject INFRASTRUCTURE INVESTMENT
dc.subject INSTRUMENT
dc.subject INSTRUMENTS
dc.subject INSURANCE CORPORATION
dc.subject INTEREST
dc.subject INTEREST RATES
dc.subject INTERESTS
dc.subject INTERNATIONAL BANK
dc.subject INTERNATIONAL DEVELOPMENT
dc.subject INTERNATIONAL ECONOMICS
dc.subject INTERNATIONAL FINANCE
dc.subject INTERNATIONAL FINANCIAL INSTITUTION
dc.subject INTERNATIONAL FINANCIAL INSTITUTIONS
dc.subject INTERNATIONAL INVESTMENT
dc.subject INTERNATIONAL MARKETS
dc.subject INTERNATIONAL STANDARD
dc.subject INTERNATIONAL TRADE
dc.subject INVESTMENT
dc.subject INVESTMENTS
dc.subject INVESTOR
dc.subject INVESTOR EDUCATION
dc.subject ISLAMIC FINANCE
dc.subject LABOR FORCE
dc.subject LABOR MARKET
dc.subject LENDERS
dc.subject LENDING
dc.subject LIABILITIES
dc.subject LIQUIDITY
dc.subject LIQUIDITY CRISES
dc.subject MACROECONOMIC MANAGEMENT
dc.subject MACROECONOMIC POLICY
dc.subject MACROECONOMIC VOLATILITY
dc.subject MARKET
dc.subject MARKET DEVELOPMENT
dc.subject MARKET ECONOMIES
dc.subject MARKET ECONOMY
dc.subject MARKET FAILURES
dc.subject MARKET PARTICIPANTS
dc.subject MODELS
dc.subject MONETARY AUTHORITY
dc.subject MONETARY FUND
dc.subject MONETARY POLICY
dc.subject MORAL HAZARD
dc.subject NONPERFORMING LOANS
dc.subject OPEC
dc.subject OPEN ECONOMIES
dc.subject OPEN ECONOMY
dc.subject OPEN MARKET
dc.subject OPTION
dc.subject OPTIONS
dc.subject PENSION
dc.subject PENSION SYSTEMS
dc.subject PENSIONS
dc.subject PERSONAL INCOME
dc.subject POLICY DECISIONS
dc.subject POLICY MAKERS
dc.subject POLICY RESPONSES
dc.subject POLITICAL ECONOMY
dc.subject POLLUTION
dc.subject POPULATION GROWTH
dc.subject PORTFOLIOS
dc.subject POST-CRISIS PERIOD
dc.subject POVERTY
dc.subject PRESENT VALUE
dc.subject PRICE FORMATION
dc.subject PRICE STABILITY
dc.subject PRICES
dc.subject PRIVATE BANKS
dc.subject PRIVATE CREDIT
dc.subject PRIVATE INVESTMENT
dc.subject PROBABILITY OF DEFAULT
dc.subject PRODUCTIVE INVESTMENT
dc.subject PROFITS
dc.subject PROPERTY
dc.subject PROPERTY RIGHTS
dc.subject PUBLIC BANKS
dc.subject PUBLIC DEBT
dc.subject PUBLIC FINANCE
dc.subject PUBLIC SECTOR BANKS
dc.subject REGULATORY AUTHORITY
dc.subject REGULATORY SCRUTINY
dc.subject REGULATORY STRUCTURES
dc.subject REGULATORY SYSTEM
dc.subject RESERVES
dc.subject RESOURCE CONSERVATION
dc.subject RESOURCES
dc.subject RETURN
dc.subject RETURNS
dc.subject REVENUES
dc.subject SAFETY NET
dc.subject SAFETY NETS
dc.subject SECURITIES
dc.subject SECURITY
dc.subject SHARE
dc.subject SHARES
dc.subject SOLVENCY
dc.subject STOCK
dc.subject STOCK MARKET
dc.subject STRUCTURAL ADJUSTMENT
dc.subject STRUCTURAL UNEMPLOYMENT
dc.subject SUBSIDIES
dc.subject SUSTAINABLE DEVELOPMENT
dc.subject SUSTAINABLE GROWTH
dc.subject TARIFFS
dc.subject TAX
dc.subject TAX COLLECTION
dc.subject TAX CREDITS
dc.subject TAX RATES
dc.subject TAX REVENUE
dc.subject TELECOMMUNICATIONS
dc.subject TRADE
dc.subject TRADEOFFS
dc.subject TRADING
dc.subject TRADING SYSTEM
dc.subject TREASURY
dc.subject TRUSTEE
dc.subject UNEMPLOYMENT
dc.subject UNEMPLOYMENT RATES
dc.subject WAGE DIFFERENTIALS
dc.subject WAGES
dc.title Globalization and Growth - Implications for a Post-Crisis World : Commission on Growth and Development
dc.type Publications & Research :: Publication
dc.type Publications & Research :: Publication


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