Can Backward Subnational Regions Catch Up with Advanced Ones?
This economic policy note examines the disparity in per capita incomes of both backward and advanced regions in developing countries, and explores a number of possible causes and policy intervention to bring about equalization (convergence). Among...
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2012
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Online Access: | http://documents.worldbank.org/curated/en/1998/07/438763/can-backward-subnational-regions-catch-up-advanced-ones http://hdl.handle.net/10986/11542 |
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okr-10986-115422021-06-14T11:04:12Z Can Backward Subnational Regions Catch Up with Advanced Ones? Fallon, Peter Lampart, Camille AVERAGE RATE BACKWARD AREAS BACKWARD REGIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY EMIGRATION EMPLOYMENT EQUALIZATION ERROR TERM EXERCISES GROWTH RATE GROWTH RATES GROWTH THEORY HOUSING IMMIGRATION INCOME DIFFERENTIALS INCOME INEQUALITY INCOME LEVELS IRON LABOR MARKETS MIGRATION NEGATIVE GROWTH PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES PHYSICAL SECURITY POLICY INTERVENTIONS POVERTY REDUCTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC AGENCIES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT REGIONAL DISPARITIES TRANSPORT UNSKILLED LABOR URBAN AREAS WAGES PER CAPITA INCOME DEVELOPING COUNTRIES INCOME DISTRIBUTION CONVERGENCE TRADE BARRIERS TRANSPORTATION COSTS FACTOR PRICES INTERNAL MIGRATIONS DIRECT INVESTMENT INTERVENTION FISCAL POLICY PRIVATE INVESTMENTS INVESTMENTS This economic policy note examines the disparity in per capita incomes of both backward and advanced regions in developing countries, and explores a number of possible causes and policy intervention to bring about equalization (convergence). Among the causal factors discussed are transportation costs, barriers to trade, factor mobility, and internal migration. While recognizing that the disparities are likely to remain substantial for sometime, direct intervention is suggested to prod convergence. One such area could be bringing together private sector and other actors to develop an informal marketplace to encourage appropriate clusters. The note downplays the importance of large public infrastructure, unless justified by private demand, strategic investments in leading sectors, and equalizing fiscal transfers between national and subnational regions. 2012-08-13T15:20:53Z 2012-08-13T15:20:53Z 1998-07 http://documents.worldbank.org/curated/en/1998/07/438763/can-backward-subnational-regions-catch-up-advanced-ones http://hdl.handle.net/10986/11542 English PREM Notes; No. 6 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
AVERAGE RATE BACKWARD AREAS BACKWARD REGIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY EMIGRATION EMPLOYMENT EQUALIZATION ERROR TERM EXERCISES GROWTH RATE GROWTH RATES GROWTH THEORY HOUSING IMMIGRATION INCOME DIFFERENTIALS INCOME INEQUALITY INCOME LEVELS IRON LABOR MARKETS MIGRATION NEGATIVE GROWTH PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES PHYSICAL SECURITY POLICY INTERVENTIONS POVERTY REDUCTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC AGENCIES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT REGIONAL DISPARITIES TRANSPORT UNSKILLED LABOR URBAN AREAS WAGES PER CAPITA INCOME DEVELOPING COUNTRIES INCOME DISTRIBUTION CONVERGENCE TRADE BARRIERS TRANSPORTATION COSTS FACTOR PRICES INTERNAL MIGRATIONS DIRECT INVESTMENT INTERVENTION FISCAL POLICY PRIVATE INVESTMENTS INVESTMENTS |
spellingShingle |
AVERAGE RATE BACKWARD AREAS BACKWARD REGIONS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY EMIGRATION EMPLOYMENT EQUALIZATION ERROR TERM EXERCISES GROWTH RATE GROWTH RATES GROWTH THEORY HOUSING IMMIGRATION INCOME DIFFERENTIALS INCOME INEQUALITY INCOME LEVELS IRON LABOR MARKETS MIGRATION NEGATIVE GROWTH PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES PHYSICAL SECURITY POLICY INTERVENTIONS POVERTY REDUCTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC AGENCIES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT REGIONAL DISPARITIES TRANSPORT UNSKILLED LABOR URBAN AREAS WAGES PER CAPITA INCOME DEVELOPING COUNTRIES INCOME DISTRIBUTION CONVERGENCE TRADE BARRIERS TRANSPORTATION COSTS FACTOR PRICES INTERNAL MIGRATIONS DIRECT INVESTMENT INTERVENTION FISCAL POLICY PRIVATE INVESTMENTS INVESTMENTS Fallon, Peter Lampart, Camille Can Backward Subnational Regions Catch Up with Advanced Ones? |
relation |
PREM Notes; No. 6 |
description |
This economic policy note examines the
disparity in per capita incomes of both backward and
advanced regions in developing countries, and explores a
number of possible causes and policy intervention to bring
about equalization (convergence). Among the causal factors
discussed are transportation costs, barriers to trade,
factor mobility, and internal migration. While recognizing
that the disparities are likely to remain substantial for
sometime, direct intervention is suggested to prod
convergence. One such area could be bringing together
private sector and other actors to develop an informal
marketplace to encourage appropriate clusters. The note
downplays the importance of large public infrastructure,
unless justified by private demand, strategic investments in
leading sectors, and equalizing fiscal transfers between
national and subnational regions. |
format |
Publications & Research :: Brief |
author |
Fallon, Peter Lampart, Camille |
author_facet |
Fallon, Peter Lampart, Camille |
author_sort |
Fallon, Peter |
title |
Can Backward Subnational Regions Catch Up with Advanced Ones? |
title_short |
Can Backward Subnational Regions Catch Up with Advanced Ones? |
title_full |
Can Backward Subnational Regions Catch Up with Advanced Ones? |
title_fullStr |
Can Backward Subnational Regions Catch Up with Advanced Ones? |
title_full_unstemmed |
Can Backward Subnational Regions Catch Up with Advanced Ones? |
title_sort |
can backward subnational regions catch up with advanced ones? |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/1998/07/438763/can-backward-subnational-regions-catch-up-advanced-ones http://hdl.handle.net/10986/11542 |
_version_ |
1764417110449061888 |