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Golden Growth
  • Language: en
  • Pages: 515

Golden Growth

The public debt crisis in Europe has shaken the confidence not just in the Euro, but in the European model. Aging and uneconomical Europeans are being squeezed between innovative Americans and efficient Asians, it is said. With debt and demographics dragging down them down, one hears that European economies will not grow much unless radically new ways are discovered. The end of complacency in Europe is a good thing, but this loss of confidence could be dangerous. The danger is that in a rush to rejuvenate growth, the attractive attributes of the European development model could be abandoned along with the weak. In fact, the European growth model has many strong points and enviable accomplish...

World Development Report 2009
  • Language: en
  • Pages: 410

World Development Report 2009

Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues...

Diversified Development
  • Language: en
  • Pages: 400

Diversified Development

Eurasian economies have to become efficient—more productive, job-creating, and stable. But efficiency is not the same as diversification. Governments need to worry less about the composition of exports and production and more about asset portfolios—natural resources, built capital, and economic institutions.

Keeping the Promise of Social Security in Latin America
  • Language: en
  • Pages: 368

Keeping the Promise of Social Security in Latin America

Empirical analysis of two decades of pioneering pension and social security reform in Latin America and the Caribbean shows that much has been achieved, but that critical challenges remain. In tackling this unfinished agenda, a great deal can be learned from the reform experience of countries in the region. 'Keeping the Promise,' produced by the chief economist's office for the Latin America and Caribbean region at the World Bank, evaluates policy reforms in 12 countries, points to successes and shortcomings, and proposes priorities and options for future reform.

An East Asian Renaissance
  • Language: en
  • Pages: 386

An East Asian Renaissance

An East Asian Renaissance, by a World Bank team led by Chief Economist for East Asia & Pacific, Dr Homi Kharas and Economic Adviser, Dr Indermit Gill is the first comprehensive analysis of the new forces and challenges at play in the region since the Bank's seminal report of 1993, The East Asian Miracle. The report argues that regional flows of goods, finance and technology are helping even smaller East Asian countries reap the benefits of economies of scale and that this regional integration must be encouraged. But it also points out that these measures have to be supported by actions at the domestic level to ease the stresses and strains that rapid economic growth leaves in its wake. East Asia must now turn to the urgent domestic challenges of inequality, social cohesion, corruption and environmental degradation arising from its economic success.

East Asian Visions
  • Language: en
  • Pages: 372

East Asian Visions

This volume brings together the views of noted East Asian policymakers and academics on development prospects in the region. The topics they write about include governance, inequality, corruption, provision of public goods, China's 'peaceful rise', rural-urban disparities, domestic trade networks, industrial and financial sector networks, and the consequences of regional financial integration. The contributor list includes: Tommy Koh, Kishore Mahbubani, Andrew Sheng, Roberto de Ocampo, Haruhiko Kuroda, Mari Pangestu, Toyoo Gyohten.

Closing the Gap in Education and Technology
  • Language: en
  • Pages: 234

Closing the Gap in Education and Technology

The fundamental elements to unlocking the potential of technology to speed up economic growth in Latin America and the Caribbean (LAC) are investing in education, opening up new technologies through foreign trade and investment, and encouraging private sector research and development. 'Closing the Gap in Education and Technology' advises Latin American and Caribbean governments to address the region's deficits in skills and technology, and thereby boost productivity, ultimately improving growth prospects. To close this 'productivity gap' in the region, the report calls for a range of policy approaches and strategies, depending on a country's level of development. It identifies three progress...

At the Frontlines of Development
  • Language: en
  • Pages: 372

At the Frontlines of Development

Annotation This book is part of a larger effort undertaken by the World Bank to understand the development experience of the 1990s. This volume considers the operational implications of the decade for the World Bank as an institution.

Beyond Survival
  • Language: en
  • Pages: 196

Beyond Survival

'Beyond Survival' breaks new ground in the ongoing debate about health finance and financial protection from the costs of health care. The evidence and discussion support the need to consider financial protection, in addition to health status, as a policy objective when setting priorities for health systems. This book reviews the Latin American experience with health reform in the last 20 years and the fundamentals of health system financing, using new evidence to show the magnitude and mechanisms that determine the impoverishing effects of health events (diseases, accidents, and those of the life cycle). It provides options for policy makers on how to protect, and help household to protect ...

The Right Skills for the Job?
  • Language: en
  • Pages: 192

The Right Skills for the Job?

This book revisits skills development policies and points to new directions for making training programs more effective and responsive in increasingly competitive labor market.