What does it take to achieve sustained, poverty reducing growth? Twenty-one leading economic experts from government, business, and academia from around the world comprising the independent Commission on Growth and Development worked for two years to identify key characteristics of economies that have been able to achieve growth of more than 7 percent annually in more than 25 of the years since World War II and to explore how other developing countries might emulate them. The Commission's conclusions highlight the actions that are most likely to improve developing countries' growth prospects, with a goal of providing leaders in developing countries with a framework to help them design and implement successful growth strategies.
On May 28, 2008, the Center for Global Development hosted an event on The Growth Report: Strategies for Sustained Growth and Inclusive Development by the Commission on Growth and Development. Alejandro Foxley, Commission Member and Minister of Foreign Affairs, Chile, and Danny Leipziger, Commission Vice-Chair and World Bank Vice President, Poverty Reduction and Economic Management, presented the findings of the report. Ricardo Hausmann, Professor, Practice of Economic Development; Director, Center for International Development, John F. Kennedy School of Government, Harvard University, served as a discussant and Nancy Birdsall, President, Center for Global Development, moderated the discussion.
Read event transcript (pdf, 112K)
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