This volume consists of papers presented at the Korea-World Bank High Level Conference on Post-Crisis Growth and Development.The volume is organized as follows. In chapters one and two, II SaKong, chairman of the Presidential Committee for the Group of Twenty (G-20) Seoul Summit, and Ngozi...

Countries and international organizations working on longer-range development issues depend on long-term quantitative projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization, technological progress, the interplay among...

In response to the Great Recession of 2008, many national governments implemented fiscal stimuli packages in 2009 and 2010 to prevent further declines in aggregate demand and to jump start their economic recovery. Where subnational governments responded with fiscal contraction, as in the United...