Economic Growth in the 1990s : Learning from a Decade of Reform

The authors examine the impact of growth of key policy and institutional reforms: macroeconomic stabilization, trade liberalization, deregulation of finance, privatization, deregulation of utilities, modernization of the public sector with a view to increasing its effectiveness and accountability, and the spread of democracy and decentralization. They draw lessons both from a policy and institutional perspective and from the perspective of country experiences about how reforms in each policy and institutional area have affected growth.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC: World Bank 2005
Subjects:	ACCUMULATION, ADMINISTRATIVE REFORMS, AGENCY PROBLEMS, ANNUAL GROWTH, ANTICORRUPTION, BUDGET CONSTRAINTS, BUREAUCRACY, CAPITAL, CAPITAL ACCOUNT, CAPITAL ACCUMULATION, CAPITAL FLOWS, CAPITAL INFLOWS, CAPITAL MARKETS, CENTRAL BANK, CENTRAL PLANNING, CITIZENS, CIVIL SOCIETY, CONDITIONALITY, CONVENTIONAL WISDOM, CORRUPTION, COUNTRY REGRESSIONS, COUNTRY SPECIFICITY, CREDIT CONSTRAINTS, DEBT, DECISION MAKING, DEMOCRACY, DEREGULATION, DEVALUATION, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPING WORLD, DEVELOPMENT REPORT, DIRECT INVESTMENT, DISTRIBUTION OF WEALTH, DIVERSIFICATION, ECONOMIC ANALYSIS, ECONOMIC CONSEQUENCES, ECONOMIC CRISIS, ECONOMIC GROWTH, ECONOMIC INCENTIVES, ECONOMIC POLICIES, ECONOMIC POLICY, ECONOMIC PROGRESS, ECONOMIC REFORM, ECONOMIC RELATIONS, ECONOMIC RESEARCH, ECONOMICS, ECONOMISTS, ELECTORAL RULES, EMPIRICAL MODELS, EMPIRICAL WORK, EMPLOYMENT, EXCHANGE RATES, EXPORTS, FINANCIAL CRISES, FINANCIAL LIBERALIZATION, FINANCIAL MARKETS, FINANCIAL SECTOR, FINANCIAL SECTOR LIBERALIZATION, FISCAL DECENTRALIZATION, FORECASTS, FOREIGN EXCHANGE, GDP, GDP PER CAPITA, GROWTH, GROWTH PERFORMANCE, GROWTH PROCESS, GROWTH PROJECTIONS, GROWTH PROSPECTS, GROWTH RATE, GROWTH RATES, GROWTH REGRESSIONS, GROWTH THEORY, HIGH INFLATION, HUMAN CAPITAL, IMPORTS, INCOME GROUPS, INCOME INEQUALITY, INDUSTRIALIZED COUNTRIES, INFANT MORTALITY, INFLATION RATES, INSTITUTIONAL CHANGE, INSTITUTIONAL PERFORMANCE, INSTITUTIONAL QUALITY, INSTITUTIONAL REFORMS, INTEREST RATE, INVESTIGATIVE JOURNALISM, LABOR PRODUCTIVITY, LAND REDISTRIBUTION, LATIN AMERICAN, LONG-RUN GROWTH, LONG-TERM GROWTH, MACROECONOMIC MANAGEMENT, MACROECONOMIC STABILITY, MACROECONOMIC STABILIZATION, MARKET ECONOMY, MARKET FAILURES, MIDDLE EAST, NATIONAL INCOME, NATURAL RESOURCES, NORTH AFRICA, OIL, OIL PRICES, OUTPUT GROWTH, PER CAPITA GROWTH, PER CAPITA INCOME, PER CAPITA INCOMES, POLICY, POLICY MAKERS, POLICY REFORMS, POLICY VARIABLES, POLITICAL ECONOMY, POLITICAL INSTITUTIONS, POLITICAL PARTIES, POOR COUNTRIES, POVERTY REDUCTION, PRICE CONTROLS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROPERTY RIGHTS, PUBLIC GOODS, PUBLIC OFFICIALS, PUBLIC POLICIES, PUBLIC SECTOR, PUBLIC SECTOR GOVERNANCE, PUBLIC SERVICE, PUBLIC SERVICE DELIVERY, PUBLIC SPENDING, RAPID GROWTH, RATIONING, REAL EXCHANGE RATE, REAL EXCHANGE RATES, REAL GDP, REAL INTEREST RATE, REAL INTEREST RATES, RESOURCE ALLOCATION, RICH COUNTRIES, SAVING RATE, SECTOR REFORMS, SIDE EFFECTS, STATE INTERVENTIONS, STRUCTURAL CHARACTERISTICS, SUB-SAHARAN AFRICA, TAXATION, TECHNOLOGICAL PROGRESS, TOTAL FACTOR PRODUCTIVITY, TOTAL FACTOR PRODUCTIVITY GROWTH, TRADE LIBERALIZATION, TRADE POLICY, TRADE SHOCKS, TRANSITION COUNTRIES, TRANSPARENCY, WASTE DISPOSAL, WEALTH, WORLD ECONOMY, WORLD INEQUALITY, WORLD TRADE ORGANIZATION,
Online Access:	http://documents.worldbank.org/curated/en/2005/01/5877388/economic-growth-1990s-learning-decade-reform https://hdl.handle.net/10986/7370
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