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Some observers have questioned the rationale for continued engagement by international development institutions in middle-income countries. But these countries face development challenges calling for continued partnership with the international development community. Moreover, partnership with...
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South Africa has begun a new phase in its history. This article reports on a study examining the challenge of promoting equitable and fiscally sustainable growth, and evaluating alternative paths to growth using an econometric model developed by World Bank staff. The broad conclusion is that...
Persistent link: https://www.econbiz.de/10012555113
Many people have questioned whether the world's poor share in economic growth. This note synthesizes the empirical evidence. The data show that economic growth typically reduces poverty and can usually be deemed pro-poor. But there is wide divergence across countries. In some cases the poor have...
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