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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World Bank
2012
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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 |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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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 |