Equity and Growth in a Globalizing World : Commission on Growth and Development

Kanbur, Ravi; Spence, Michael

dc.creator	Kanbur, Ravi
dc.creator	Spence, Michael
dc.date	2012-03-19T09:34:07Z
dc.date	2012-03-19T09:34:07Z
dc.date	2010
dc.date.accessioned	2023-02-17T20:36:45Z
dc.date.available	2023-02-17T20:36:45Z
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=000333038_20100604013355
dc.identifier	978-0-8213-8180-9
dc.identifier	http://hdl.handle.net/10986/2458
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242886
dc.description	The commission on growth and development was established in April 2006 in response to two insights: people do not talk about growth enough, and when they do, they speak with unearned conviction. The workshops turned out to be intense, lively affairs, lasting up to three days. It became clear that experts do not always agree, even on issues that are central to growth. But the Commission had no wish to disguise or gloss over these uncertainties and differences. And it did not want to present a false confidence in its conclusions beyond that justified by the evidence. While researchers will continue to improve people's understanding of the world, policy makers cannot wait for scholars to satisfy all of their doubts or resolve their differences. Decisions must be made with only partial knowledge of the world. One consequence is that most policy decisions, however well informed, take on the character of experiments, which yield useful information about the way the world works, even if they do not always turn out the way policy makers had hoped. It is good to recognize this fact, if only so that policy makers can be quick to spot failures and learn from mistakes. In principle, a commission on growth could have confined its attention to income per person, setting aside the question of how income is distributed. But this commission chose otherwise. It recognized that growth is not synonymous with development. To contribute significantly to social progress, growth must lift everyone's sights and improve the living standards of a broad swath of society. The Commission has no truck with the view that growth only enriches the few, leaving poverty undisturbed and social ills untouched.
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	ABSOLUTE POVERTY
dc.subject	ADVANCED COUNTRIES
dc.subject	AGRICULTURAL DEVELOPMENT
dc.subject	AGRICULTURAL PRODUCTION
dc.subject	AGRICULTURAL RESEARCH
dc.subject	AID DONORS
dc.subject	AID EFFECTIVENESS
dc.subject	ARBITRATION
dc.subject	BANK LENDING
dc.subject	BOND
dc.subject	BONDS
dc.subject	BRAIN DRAIN
dc.subject	BUSINESS CLIMATES
dc.subject	CAPACITY BUILDING
dc.subject	CAPITAL ACCUMULATION
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL MARKETS
dc.subject	CATALYST ROLE
dc.subject	CENTRAL BANKS
dc.subject	CHECKS
dc.subject	CHILD MORTALITY
dc.subject	CLIMATE CHANGE
dc.subject	COMMERCIAL BANK
dc.subject	COMMERCIAL BANK LENDING
dc.subject	COMMERCIAL BANK LOANS
dc.subject	COMMODITIES
dc.subject	COMMODITY
dc.subject	COMMODITY PRICES
dc.subject	COMMUNICATION TECHNOLOGIES
dc.subject	CONFLICT
dc.subject	CONNECTIVITY
dc.subject	COPYRIGHT CLEARANCE
dc.subject	COPYRIGHT CLEARANCE CENTER
dc.subject	COUNTRY MARKETS
dc.subject	CREATION OF JOBS
dc.subject	DEBT
dc.subject	DEBT FLOWS
dc.subject	DEBT ISSUANCE
dc.subject	DEBT RELIEF
dc.subject	DEFAULT RISK
dc.subject	DEFICITS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVELOPMENT BANK
dc.subject	DEVELOPMENT FINANCE
dc.subject	DIGITAL DIVIDES
dc.subject	DISTRIBUTION OF INCOME
dc.subject	DOMESTIC CURRENCY
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC REFORM
dc.subject	ECONOMIC STRENGTH
dc.subject	ENVIRONMENTAL CONCERNS
dc.subject	EPZ
dc.subject	EQUIPMENT
dc.subject	EQUITABLE ACCESS
dc.subject	EQUITY FLOWS
dc.subject	EQUITY INSTRUMENTS
dc.subject	EQUITY INVESTMENT
dc.subject	EQUITY PORTFOLIO
dc.subject	EQUITY PORTFOLIO INVESTMENT
dc.subject	EQUITY PORTFOLIO INVESTMENTS
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE REGIMES
dc.subject	EXPORT GROWTH
dc.subject	EXPORT MARKETS
dc.subject	EXPORT PROCESSING ZONE
dc.subject	EXPORT PROCESSING ZONES
dc.subject	EXPORTER
dc.subject	EXPORTERS
dc.subject	EXTERNAL DEBT
dc.subject	EXTREME POVERTY
dc.subject	EXTREMELY POOR PEOPLE
dc.subject	FINANCE COMPANY
dc.subject	FINANCE CORPORATION
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INSTRUMENTS
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL SECTOR DEVELOPMENT
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL SYSTEMS
dc.subject	FLEXIBLE INTEREST RATES
dc.subject	FOOD CROPS
dc.subject	FOREIGN CURRENCIES
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN INVESTMENT FLOWS
dc.subject	FOREIGN INVESTORS
dc.subject	FREE TRADE
dc.subject	FREE TRADE AGREEMENT
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL EFFICIENCY
dc.subject	GLOBAL EXPORT
dc.subject	GLOBAL FINANCE
dc.subject	GLOBAL POVERTY
dc.subject	GLOBAL PUBLIC GOODS
dc.subject	GLOBAL RISKS
dc.subject	GLOBAL TRADE
dc.subject	GLOBALIZATION
dc.subject	GOVERNANCE PRACTICES
dc.subject	GOVERNMENT DEBT
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROSS NATIONAL PRODUCT
dc.subject	HOLDINGS
dc.subject	HOME COUNTRIES
dc.subject	HOST COUNTRY
dc.subject	HUMAN CAPITAL
dc.subject	HUMAN RIGHTS
dc.subject	ILLITERACY
dc.subject	IMMUNIZATIONS
dc.subject	IMPACT ON POVERTY
dc.subject	INCOME
dc.subject	INCOME DISTRIBUTION
dc.subject	INCOME LEVEL
dc.subject	INCOME POVERTY
dc.subject	INCOMES
dc.subject	INEQUALITY
dc.subject	INFORMATION FLOWS
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INSURANCE
dc.subject	INTELLECTUAL PROPERTY
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL DEVELOPMENT
dc.subject	INTERNATIONAL ECONOMICS
dc.subject	INTERNATIONAL ECONOMY
dc.subject	INTERNATIONAL FINANCE
dc.subject	INTERNATIONAL INVESTORS
dc.subject	INTERNATIONAL SETTLEMENTS
dc.subject	INTERNATIONAL TRADE
dc.subject	INVENTORIES
dc.subject	INVESTMENT BANK
dc.subject	INVESTMENT CLIMATE
dc.subject	INVESTMENT CORPORATION
dc.subject	JOB CREATION
dc.subject	LACK OF EDUCATION
dc.subject	LEGAL RIGHTS
dc.subject	LIFE EXPECTANCIES
dc.subject	LIFE EXPECTANCY
dc.subject	LLC
dc.subject	LOAN
dc.subject	LOCAL CAPACITY
dc.subject	LOW-INCOME COUNTRIES
dc.subject	LOW-INCOME COUNTRY
dc.subject	MALNUTRITION
dc.subject	MARKET ACCESS
dc.subject	MARKET COMPETITION
dc.subject	MARKET ECONOMY
dc.subject	MARKET FAILURES
dc.subject	MICRO FINANCE
dc.subject	MICRO FINANCE INSTITUTION
dc.subject	MICROFINANCE
dc.subject	MIDDLE-INCOME COUNTRIES
dc.subject	MIDDLE-INCOME COUNTRY
dc.subject	MIGRANT LABOR
dc.subject	MISMANAGEMENT
dc.subject	MONETARY FUND
dc.subject	NATURAL DISASTERS
dc.subject	NATURAL RESOURCES
dc.subject	OPEN ECONOMIES
dc.subject	OUTPUT
dc.subject	POOR
dc.subject	POOR CHILDREN
dc.subject	POOR COUNTRIES
dc.subject	POOR HEALTH
dc.subject	POOR PEOPLE
dc.subject	POOR PRODUCERS
dc.subject	PORTFOLIO
dc.subject	PORTFOLIO INVESTMENT
dc.subject	PORTFOLIO INVESTMENTS
dc.subject	POVERTY ALLEVIATION
dc.subject	POVERTY INCIDENCE
dc.subject	POVERTY INDICATORS
dc.subject	POVERTY REDUCTION
dc.subject	POVERTY REDUCTION STRATEGY
dc.subject	POWER PARITY
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE CAPITAL FLOWS
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE MARKET
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC POLICY
dc.subject	PURCHASING POWER
dc.subject	RAPID EXPANSION
dc.subject	RAPID GROWTH
dc.subject	REMITTANCE
dc.subject	REMITTANCES
dc.subject	RURAL
dc.subject	SAFETY NETS
dc.subject	SAVINGS
dc.subject	SETTLEMENT
dc.subject	SKILLED WORKERS
dc.subject	SMALL BUSINESS
dc.subject	SMALL BUSINESS DEVELOPMENT
dc.subject	SOCIAL SAFETY NETS
dc.subject	STOCK EXCHANGE
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	SUSTAINABLE GROWTH
dc.subject	TARGETING
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TRADE DEFICITS
dc.subject	TRADE FINANCE
dc.subject	TRADE LIBERALIZATION
dc.subject	TRADING
dc.subject	TRADING SYSTEM
dc.subject	TRANSACTIONS COSTS
dc.subject	TRANSFER OF FUNDS
dc.subject	TRANSPARENCY
dc.subject	URBANIZATION
dc.subject	VOLATILE CAPITAL
dc.subject	VOLATILITY
dc.subject	WAR
dc.subject	WORLD ECONOMY
dc.subject	WORLD MARKET
dc.subject	WORLD TRADE
dc.title	Equity and Growth in a Globalizing World : Commission on Growth and Development
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication