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CAIRO BOOKS's Description
Why have only 13 developing world economies achieved sustained, high growth
since World War II? Why is engagement with the global economy necessary to
achieve high growth? Why do some countries' growth strategies fail to win the
public's confidence? Why are equity and equality of opportunity important
components of successful growth strategies? Why do many countries, blessed with
natural resource wealth, not achieve high growth? Why has no country ever
sustained rapid growth without high rates of public investment? Why does it not
always pay to devalue the exchange rate? When does it? Why is childhood
nutrition so important to economic growth? Why do some economies lose momentum
when others keep on growing? Why has no country ever sustained long-term growth
without urbanizing? Why should there be an end to energy subsidies? Why do
global warming and the rising prices of food, energy and minerals pose
challenges to potential future growth in developing countries? Why does the
aging of the world population matter for developing countries growth and
employment prospects? The Growth Report does not have all the answers, but it
does identify some of the key insights and policy levers to help countries
achieve high, sustainable and inclusive growth. The result of two years work by
19 experienced policymakers and two Nobel prize-winning economists, the Growth
Report is the most complete analysis to date of the ingredients which, if used
in the right country-specific recipe, can deliver growth and help lift
populations out of poverty.