Learning from Developing Country Experience : Growth and Economic Thought Before and After the 2008–09 Crisis

Harrison, Ann; Sepulveda, Claudia

dc.creator	Harrison, Ann
dc.creator	Sepulveda, Claudia
dc.date	2012-03-19T18:04:32Z
dc.date	2012-03-19T18:04:32Z
dc.date	2011-08-01
dc.date.accessioned	2023-02-17T20:59:14Z
dc.date.available	2023-02-17T20:59:14Z
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=000158349_20110907131749
dc.identifier	http://hdl.handle.net/10986/3554
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244518
dc.description	The aim of this paper is twofold. First, it documents the changing global landscape before and after the crisis, emphasizing the shift towards multipolarity. In particular, it emphasizes the ascent of developing countries in the global economy before, during, and after the crisis. Second, it explores what these global economic changes and the recent crisis imply for shifts in the direction of research in development economics. The paper places a particular emphasis on the lessons that developed countries can learn from the developing world.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5752
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	ADVANCED ECONOMIES
dc.subject	AGRICULTURAL PRODUCTIVITY
dc.subject	AGRICULTURE
dc.subject	ALLOCATION OF RESOURCES
dc.subject	ANNUAL GROWTH
dc.subject	BACKED SECURITIES
dc.subject	BANK LOANS
dc.subject	BANKING SYSTEM
dc.subject	BINDING CONSTRAINTS
dc.subject	BORROWER
dc.subject	CAPITAL FLOWS
dc.subject	CENTRAL BANK
dc.subject	CIVIL SOCIETY
dc.subject	CIVIL SOCIETY ORGANIZATIONS
dc.subject	COMMODITY
dc.subject	COMMODITY PRICES
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	CREDIBILITY
dc.subject	CURRENCY
dc.subject	CURRENCY MISMATCHES
dc.subject	DEMAND FOR FOOD
dc.subject	DEMOGRAPHIC
dc.subject	DEMOGRAPHIC IMBALANCES
dc.subject	DEPOSIT
dc.subject	DEPOSIT INSURANCE
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPING WORLD
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT EFFORTS
dc.subject	DEVELOPMENT INDICATORS
dc.subject	DEVELOPMENT POLICIES
dc.subject	DEVELOPMENT POLICY
dc.subject	DEVELOPMENT REPORT
dc.subject	DISASTER PREPAREDNESS
dc.subject	DIVERSIFICATION
dc.subject	ECONOMIC CHANGES
dc.subject	ECONOMIC COOPERATION
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC LITERATURE
dc.subject	ECONOMIC OPPORTUNITIES
dc.subject	ECONOMIC OPPORTUNITY
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC POLICY
dc.subject	ECONOMIC POWER
dc.subject	ECONOMIC REFORM
dc.subject	ECONOMIC RESEARCH
dc.subject	ECONOMIC STRUCTURE
dc.subject	ECONOMIC STUDIES
dc.subject	ECONOMIC THOUGHT
dc.subject	ECONOMICS RESEARCH
dc.subject	EMERGING ECONOMIES
dc.subject	EMPIRICAL EVIDENCE
dc.subject	EQUAL ACCESS
dc.subject	EQUALITY OF OPPORTUNITY
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATES
dc.subject	EXPORT MARKETS
dc.subject	EXPORT SHARES
dc.subject	EXPORT SUBSIDIES
dc.subject	EXPORTS
dc.subject	EXPOSURE
dc.subject	EXTERNALITIES
dc.subject	FAMILY MEMBERS
dc.subject	FEDERAL RESERVE
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INSTRUMENTS
dc.subject	FINANCIAL SERVICES
dc.subject	FISCAL POLICIES
dc.subject	FISCAL POLICY
dc.subject	FOOD PRICE
dc.subject	FOOD PRICES
dc.subject	FOOD SECURITY
dc.subject	FORECASTS
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN INVESTORS
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GENDER DIFFERENCES
dc.subject	GENDER DISPARITIES
dc.subject	GENDER EQUITY
dc.subject	GENDER GAP
dc.subject	GLOBAL DEVELOPMENT
dc.subject	GLOBAL ECONOMIC LANDSCAPE
dc.subject	GLOBAL ECONOMIC PROSPECTS
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL ENVIRONMENT
dc.subject	GLOBALIZATION
dc.subject	GOVERNMENT EXPENDITURES
dc.subject	GOVERNMENT POLICY
dc.subject	GOVERNMENT SPENDING
dc.subject	GROWTH PERFORMANCE
dc.subject	GROWTH PROCESS
dc.subject	GROWTH PROSPECTS
dc.subject	GROWTH RATE
dc.subject	GROWTH RATES
dc.subject	HEALTH SERVICES
dc.subject	HIGH GROWTH
dc.subject	HIGH INCOME COUNTRIES
dc.subject	HUMAN CAPITAL
dc.subject	HUMAN DEVELOPMENT
dc.subject	INCOME
dc.subject	INCOME TAX
dc.subject	INCOMES
dc.subject	INDIVIDUAL FIRM
dc.subject	INDUSTRIAL DEVELOPMENT
dc.subject	INDUSTRIAL POLICY
dc.subject	INDUSTRIAL PRODUCTION
dc.subject	INEQUITIES
dc.subject	INFLATION
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INFRASTRUCTURE PROVISION
dc.subject	INSURANCE POLICIES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL COMPETITION
dc.subject	INVESTING
dc.subject	JOINT VENTURE
dc.subject	LEADING INDICATORS
dc.subject	LIBERALIZATION
dc.subject	LIQUIDITY
dc.subject	LOCAL COMMUNITY
dc.subject	LONG RUN
dc.subject	LOW-INCOME COUNTRIES
dc.subject	MACROECONOMIC POLICIES
dc.subject	MACROECONOMICS
dc.subject	MARKET PRICES
dc.subject	MICROFINANCE
dc.subject	MIGRATION
dc.subject	MULTILATERAL TRADE
dc.subject	NATIONAL LEVELS
dc.subject	NATURAL DISASTERS
dc.subject	NATURAL RESOURCES
dc.subject	NEGATIVE IMPACT
dc.subject	OUTPUT
dc.subject	PER CAPITA GROWTH
dc.subject	POLICY DISCUSSION
dc.subject	POLICY DISCUSSIONS
dc.subject	POLICY MAKERS
dc.subject	POLICY MEASURES
dc.subject	POLICY REFORMS
dc.subject	POLICY RESEARCH
dc.subject	POLICY RESEARCH WORKING PAPER
dc.subject	POLITICAL DECISION
dc.subject	POLITICAL ECONOMY
dc.subject	POLITICAL LEADERSHIP
dc.subject	POLITICAL OPPOSITION
dc.subject	POLITICAL PARTICIPATION
dc.subject	POOR PEOPLE
dc.subject	POPULATION GROWTH
dc.subject	POVERTY ALLEVIATION
dc.subject	POVERTY REDUCTION
dc.subject	POWER PARITY
dc.subject	PRICE SUBSIDIES
dc.subject	PRO-POOR
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PROGRESS
dc.subject	PROTECTIONISM
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC POLICIES
dc.subject	PUBLIC SERVICE
dc.subject	PUBLIC-PRIVATE PARTNERSHIPS
dc.subject	PURCHASING POWER
dc.subject	PURCHASING POWER PARITY
dc.subject	RAPID DEVELOPMENT
dc.subject	RAPID GROWTH
dc.subject	RATES OF GROWTH
dc.subject	RECIPIENT COUNTRIES
dc.subject	REDUCING GENDER INEQUALITY
dc.subject	REDUCING POVERTY
dc.subject	REGULATORY FRAMEWORK
dc.subject	REMITTANCES
dc.subject	RESEARCH COMMUNITY
dc.subject	RESEARCH EFFORTS
dc.subject	RESERVES
dc.subject	RESOURCE ALLOCATION
dc.subject	RETURN
dc.subject	RISK MANAGEMENT
dc.subject	SAFETY NETS
dc.subject	SERVICE DELIVERY
dc.subject	SERVICE PROVIDERS
dc.subject	SERVICE PROVISION
dc.subject	SKILLED WORKERS
dc.subject	SKILLS DEVELOPMENT
dc.subject	SOCIAL COSTS
dc.subject	SOCIAL POLICIES
dc.subject	SOCIAL PROTECTION
dc.subject	SOCIAL SAFETY NETS
dc.subject	SOCIAL SECTOR
dc.subject	SOCIAL SECTORS
dc.subject	SOCIAL SERVICES
dc.subject	SOCIAL SPENDING
dc.subject	SPILLOVER
dc.subject	STRUCTURAL CHANGE
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	TAX
dc.subject	TAX BREAKS
dc.subject	TECHNOLOGICAL ADVANCES
dc.subject	TELECOMMUNICATIONS
dc.subject	TRADE POLICY
dc.subject	TRADE VOLUMES
dc.subject	VULNERABILITY
dc.subject	VULNERABLE GROUPS
dc.subject	WARS
dc.subject	WEALTH
dc.subject	WORKFORCE
dc.subject	WORLD DEVELOPMENT INDICATORS
dc.subject	WORLD ECONOMY
dc.subject	WTO
dc.title	Learning from Developing Country Experience : Growth and Economic Thought Before and After the 2008–09 Crisis
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region