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

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 affair...

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Main Authors: Kanbur, Ravi, Spence, Michael
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
EPZ
LLC
WAR
Online Access: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
http://hdl.handle.net/10986/2458
id okr-10986-2458
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSOLUTE POVERTY
ADVANCED COUNTRIES
AGRICULTURAL DEVELOPMENT
AGRICULTURAL PRODUCTION
AGRICULTURAL RESEARCH
AID DONORS
AID EFFECTIVENESS
ARBITRATION
BANK LENDING
BOND
BONDS
BRAIN DRAIN
BUSINESS CLIMATES
CAPACITY BUILDING
CAPITAL ACCUMULATION
CAPITAL FLOWS
CAPITAL MARKETS
CATALYST ROLE
CENTRAL BANKS
CHECKS
CHILD MORTALITY
CLIMATE CHANGE
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMERCIAL BANK LOANS
COMMODITIES
COMMODITY
COMMODITY PRICES
COMMUNICATION TECHNOLOGIES
CONFLICT
CONNECTIVITY
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
COUNTRY MARKETS
CREATION OF JOBS
DEBT
DEBT FLOWS
DEBT ISSUANCE
DEBT RELIEF
DEFAULT RISK
DEFICITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DIGITAL DIVIDES
DISTRIBUTION OF INCOME
DOMESTIC CURRENCY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORM
ECONOMIC STRENGTH
ENVIRONMENTAL CONCERNS
EPZ
EQUIPMENT
EQUITABLE ACCESS
EQUITY FLOWS
EQUITY INSTRUMENTS
EQUITY INVESTMENT
EQUITY PORTFOLIO
EQUITY PORTFOLIO INVESTMENT
EQUITY PORTFOLIO INVESTMENTS
EXCHANGE RATE
EXCHANGE RATE REGIMES
EXPORT GROWTH
EXPORT MARKETS
EXPORT PROCESSING ZONE
EXPORT PROCESSING ZONES
EXPORTER
EXPORTERS
EXTERNAL DEBT
EXTREME POVERTY
EXTREMELY POOR PEOPLE
FINANCE COMPANY
FINANCE CORPORATION
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL SYSTEMS
FLEXIBLE INTEREST RATES
FOOD CROPS
FOREIGN CURRENCIES
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTMENT FLOWS
FOREIGN INVESTORS
FREE TRADE
FREE TRADE AGREEMENT
GLOBAL ECONOMY
GLOBAL EFFICIENCY
GLOBAL EXPORT
GLOBAL FINANCE
GLOBAL POVERTY
GLOBAL PUBLIC GOODS
GLOBAL RISKS
GLOBAL TRADE
GLOBALIZATION
GOVERNANCE PRACTICES
GOVERNMENT DEBT
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HOLDINGS
HOME COUNTRIES
HOST COUNTRY
HUMAN CAPITAL
HUMAN RIGHTS
ILLITERACY
IMMUNIZATIONS
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INCOME LEVEL
INCOME POVERTY
INCOMES
INEQUALITY
INFORMATION FLOWS
INFORMATION TECHNOLOGY
INSURANCE
INTELLECTUAL PROPERTY
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMY
INTERNATIONAL FINANCE
INTERNATIONAL INVESTORS
INTERNATIONAL SETTLEMENTS
INTERNATIONAL TRADE
INVENTORIES
INVESTMENT BANK
INVESTMENT CLIMATE
INVESTMENT CORPORATION
JOB CREATION
LACK OF EDUCATION
LEGAL RIGHTS
LIFE EXPECTANCIES
LIFE EXPECTANCY
LLC
LOAN
LOCAL CAPACITY
LOW-INCOME COUNTRIES
LOW-INCOME COUNTRY
MALNUTRITION
MARKET ACCESS
MARKET COMPETITION
MARKET ECONOMY
MARKET FAILURES
MICRO FINANCE
MICRO FINANCE INSTITUTION
MICROFINANCE
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MIGRANT LABOR
MISMANAGEMENT
MONETARY FUND
NATURAL DISASTERS
NATURAL RESOURCES
OPEN ECONOMIES
OUTPUT
POOR
POOR CHILDREN
POOR COUNTRIES
POOR HEALTH
POOR PEOPLE
POOR PRODUCERS
PORTFOLIO
PORTFOLIO INVESTMENT
PORTFOLIO INVESTMENTS
POVERTY ALLEVIATION
POVERTY INCIDENCE
POVERTY INDICATORS
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POWER PARITY
PRIVATE CAPITAL
PRIVATE CAPITAL FLOWS
PRIVATE INVESTMENT
PRIVATE MARKET
PUBLIC INVESTMENT
PUBLIC POLICY
PURCHASING POWER
RAPID EXPANSION
RAPID GROWTH
REMITTANCE
REMITTANCES
RURAL
SAFETY NETS
SAVINGS
SETTLEMENT
SKILLED WORKERS
SMALL BUSINESS
SMALL BUSINESS DEVELOPMENT
SOCIAL SAFETY NETS
STOCK EXCHANGE
SUSTAINABLE DEVELOPMENT
SUSTAINABLE GROWTH
TARGETING
TECHNICAL ASSISTANCE
TRADE DEFICITS
TRADE FINANCE
TRADE LIBERALIZATION
TRADING
TRADING SYSTEM
TRANSACTIONS COSTS
TRANSFER OF FUNDS
TRANSPARENCY
URBANIZATION
VOLATILE CAPITAL
VOLATILITY
WAR
WORLD ECONOMY
WORLD MARKET
WORLD TRADE
spellingShingle ABSOLUTE POVERTY
ADVANCED COUNTRIES
AGRICULTURAL DEVELOPMENT
AGRICULTURAL PRODUCTION
AGRICULTURAL RESEARCH
AID DONORS
AID EFFECTIVENESS
ARBITRATION
BANK LENDING
BOND
BONDS
BRAIN DRAIN
BUSINESS CLIMATES
CAPACITY BUILDING
CAPITAL ACCUMULATION
CAPITAL FLOWS
CAPITAL MARKETS
CATALYST ROLE
CENTRAL BANKS
CHECKS
CHILD MORTALITY
CLIMATE CHANGE
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMERCIAL BANK LOANS
COMMODITIES
COMMODITY
COMMODITY PRICES
COMMUNICATION TECHNOLOGIES
CONFLICT
CONNECTIVITY
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
COUNTRY MARKETS
CREATION OF JOBS
DEBT
DEBT FLOWS
DEBT ISSUANCE
DEBT RELIEF
DEFAULT RISK
DEFICITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING ECONOMIES
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DIGITAL DIVIDES
DISTRIBUTION OF INCOME
DOMESTIC CURRENCY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORM
ECONOMIC STRENGTH
ENVIRONMENTAL CONCERNS
EPZ
EQUIPMENT
EQUITABLE ACCESS
EQUITY FLOWS
EQUITY INSTRUMENTS
EQUITY INVESTMENT
EQUITY PORTFOLIO
EQUITY PORTFOLIO INVESTMENT
EQUITY PORTFOLIO INVESTMENTS
EXCHANGE RATE
EXCHANGE RATE REGIMES
EXPORT GROWTH
EXPORT MARKETS
EXPORT PROCESSING ZONE
EXPORT PROCESSING ZONES
EXPORTER
EXPORTERS
EXTERNAL DEBT
EXTREME POVERTY
EXTREMELY POOR PEOPLE
FINANCE COMPANY
FINANCE CORPORATION
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL SYSTEMS
FLEXIBLE INTEREST RATES
FOOD CROPS
FOREIGN CURRENCIES
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTMENT FLOWS
FOREIGN INVESTORS
FREE TRADE
FREE TRADE AGREEMENT
GLOBAL ECONOMY
GLOBAL EFFICIENCY
GLOBAL EXPORT
GLOBAL FINANCE
GLOBAL POVERTY
GLOBAL PUBLIC GOODS
GLOBAL RISKS
GLOBAL TRADE
GLOBALIZATION
GOVERNANCE PRACTICES
GOVERNMENT DEBT
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HOLDINGS
HOME COUNTRIES
HOST COUNTRY
HUMAN CAPITAL
HUMAN RIGHTS
ILLITERACY
IMMUNIZATIONS
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INCOME LEVEL
INCOME POVERTY
INCOMES
INEQUALITY
INFORMATION FLOWS
INFORMATION TECHNOLOGY
INSURANCE
INTELLECTUAL PROPERTY
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMY
INTERNATIONAL FINANCE
INTERNATIONAL INVESTORS
INTERNATIONAL SETTLEMENTS
INTERNATIONAL TRADE
INVENTORIES
INVESTMENT BANK
INVESTMENT CLIMATE
INVESTMENT CORPORATION
JOB CREATION
LACK OF EDUCATION
LEGAL RIGHTS
LIFE EXPECTANCIES
LIFE EXPECTANCY
LLC
LOAN
LOCAL CAPACITY
LOW-INCOME COUNTRIES
LOW-INCOME COUNTRY
MALNUTRITION
MARKET ACCESS
MARKET COMPETITION
MARKET ECONOMY
MARKET FAILURES
MICRO FINANCE
MICRO FINANCE INSTITUTION
MICROFINANCE
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MIGRANT LABOR
MISMANAGEMENT
MONETARY FUND
NATURAL DISASTERS
NATURAL RESOURCES
OPEN ECONOMIES
OUTPUT
POOR
POOR CHILDREN
POOR COUNTRIES
POOR HEALTH
POOR PEOPLE
POOR PRODUCERS
PORTFOLIO
PORTFOLIO INVESTMENT
PORTFOLIO INVESTMENTS
POVERTY ALLEVIATION
POVERTY INCIDENCE
POVERTY INDICATORS
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POWER PARITY
PRIVATE CAPITAL
PRIVATE CAPITAL FLOWS
PRIVATE INVESTMENT
PRIVATE MARKET
PUBLIC INVESTMENT
PUBLIC POLICY
PURCHASING POWER
RAPID EXPANSION
RAPID GROWTH
REMITTANCE
REMITTANCES
RURAL
SAFETY NETS
SAVINGS
SETTLEMENT
SKILLED WORKERS
SMALL BUSINESS
SMALL BUSINESS DEVELOPMENT
SOCIAL SAFETY NETS
STOCK EXCHANGE
SUSTAINABLE DEVELOPMENT
SUSTAINABLE GROWTH
TARGETING
TECHNICAL ASSISTANCE
TRADE DEFICITS
TRADE FINANCE
TRADE LIBERALIZATION
TRADING
TRADING SYSTEM
TRANSACTIONS COSTS
TRANSFER OF FUNDS
TRANSPARENCY
URBANIZATION
VOLATILE CAPITAL
VOLATILITY
WAR
WORLD ECONOMY
WORLD MARKET
WORLD TRADE
Kanbur, Ravi
Spence, Michael
Equity and Growth in a Globalizing World : Commission on Growth and Development
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.
format Publications & Research :: Publication
author Kanbur, Ravi
Spence, Michael
author_facet Kanbur, Ravi
Spence, Michael
author_sort Kanbur, Ravi
title Equity and Growth in a Globalizing World : Commission on Growth and Development
title_short Equity and Growth in a Globalizing World : Commission on Growth and Development
title_full Equity and Growth in a Globalizing World : Commission on Growth and Development
title_fullStr Equity and Growth in a Globalizing World : Commission on Growth and Development
title_full_unstemmed Equity and Growth in a Globalizing World : Commission on Growth and Development
title_sort equity and growth in a globalizing world : commission on growth and development
publisher World Bank
publishDate 2012
url 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
http://hdl.handle.net/10986/2458
_version_ 1764385491499614208
spelling okr-10986-24582021-04-23T14:02:02Z Equity and Growth in a Globalizing World : Commission on Growth and Development Kanbur, Ravi Spence, Michael ABSOLUTE POVERTY ADVANCED COUNTRIES AGRICULTURAL DEVELOPMENT AGRICULTURAL PRODUCTION AGRICULTURAL RESEARCH AID DONORS AID EFFECTIVENESS ARBITRATION BANK LENDING BOND BONDS BRAIN DRAIN BUSINESS CLIMATES CAPACITY BUILDING CAPITAL ACCUMULATION CAPITAL FLOWS CAPITAL MARKETS CATALYST ROLE CENTRAL BANKS CHECKS CHILD MORTALITY CLIMATE CHANGE COMMERCIAL BANK COMMERCIAL BANK LENDING COMMERCIAL BANK LOANS COMMODITIES COMMODITY COMMODITY PRICES COMMUNICATION TECHNOLOGIES CONFLICT CONNECTIVITY COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COUNTRY MARKETS CREATION OF JOBS DEBT DEBT FLOWS DEBT ISSUANCE DEBT RELIEF DEFAULT RISK DEFICITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPMENT BANK DEVELOPMENT FINANCE DIGITAL DIVIDES DISTRIBUTION OF INCOME DOMESTIC CURRENCY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC STRENGTH ENVIRONMENTAL CONCERNS EPZ EQUIPMENT EQUITABLE ACCESS EQUITY FLOWS EQUITY INSTRUMENTS EQUITY INVESTMENT EQUITY PORTFOLIO EQUITY PORTFOLIO INVESTMENT EQUITY PORTFOLIO INVESTMENTS EXCHANGE RATE EXCHANGE RATE REGIMES EXPORT GROWTH EXPORT MARKETS EXPORT PROCESSING ZONE EXPORT PROCESSING ZONES EXPORTER EXPORTERS EXTERNAL DEBT EXTREME POVERTY EXTREMELY POOR PEOPLE FINANCE COMPANY FINANCE CORPORATION FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL SYSTEMS FLEXIBLE INTEREST RATES FOOD CROPS FOREIGN CURRENCIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTMENT FLOWS FOREIGN INVESTORS FREE TRADE FREE TRADE AGREEMENT GLOBAL ECONOMY GLOBAL EFFICIENCY GLOBAL EXPORT GLOBAL FINANCE GLOBAL POVERTY GLOBAL PUBLIC GOODS GLOBAL RISKS GLOBAL TRADE GLOBALIZATION GOVERNANCE PRACTICES GOVERNMENT DEBT GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HOLDINGS HOME COUNTRIES HOST COUNTRY HUMAN CAPITAL HUMAN RIGHTS ILLITERACY IMMUNIZATIONS IMPACT ON POVERTY INCOME INCOME DISTRIBUTION INCOME LEVEL INCOME POVERTY INCOMES INEQUALITY INFORMATION FLOWS INFORMATION TECHNOLOGY INSURANCE INTELLECTUAL PROPERTY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMICS INTERNATIONAL ECONOMY INTERNATIONAL FINANCE INTERNATIONAL INVESTORS INTERNATIONAL SETTLEMENTS INTERNATIONAL TRADE INVENTORIES INVESTMENT BANK INVESTMENT CLIMATE INVESTMENT CORPORATION JOB CREATION LACK OF EDUCATION LEGAL RIGHTS LIFE EXPECTANCIES LIFE EXPECTANCY LLC LOAN LOCAL CAPACITY LOW-INCOME COUNTRIES LOW-INCOME COUNTRY MALNUTRITION MARKET ACCESS MARKET COMPETITION MARKET ECONOMY MARKET FAILURES MICRO FINANCE MICRO FINANCE INSTITUTION MICROFINANCE MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MIGRANT LABOR MISMANAGEMENT MONETARY FUND NATURAL DISASTERS NATURAL RESOURCES OPEN ECONOMIES OUTPUT POOR POOR CHILDREN POOR COUNTRIES POOR HEALTH POOR PEOPLE POOR PRODUCERS PORTFOLIO PORTFOLIO INVESTMENT PORTFOLIO INVESTMENTS POVERTY ALLEVIATION POVERTY INCIDENCE POVERTY INDICATORS POVERTY REDUCTION POVERTY REDUCTION STRATEGY POWER PARITY PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE INVESTMENT PRIVATE MARKET PUBLIC INVESTMENT PUBLIC POLICY PURCHASING POWER RAPID EXPANSION RAPID GROWTH REMITTANCE REMITTANCES RURAL SAFETY NETS SAVINGS SETTLEMENT SKILLED WORKERS SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SOCIAL SAFETY NETS STOCK EXCHANGE SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TARGETING TECHNICAL ASSISTANCE TRADE DEFICITS TRADE FINANCE TRADE LIBERALIZATION TRADING TRADING SYSTEM TRANSACTIONS COSTS TRANSFER OF FUNDS TRANSPARENCY URBANIZATION VOLATILE CAPITAL VOLATILITY WAR WORLD ECONOMY WORLD MARKET WORLD TRADE 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. 2012-03-19T09:34:07Z 2012-03-19T09:34:07Z 2010 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 978-0-8213-8180-9 http://hdl.handle.net/10986/2458 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication