Development Economics through the
Decades : A Critical Look at 30 Years of the World
Development Report

Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report

The World Development Report (WDR) has become such a fixture that it is easy to forget the circumstances under which it was born and the Bank's motivation for producing such a report at that time. In the first chapter of this essay, the author...

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Bibliographic Details
Main Authors:	Yusuf, Shahid, Deaton, Angus, Dervis, Kemal, Easterly, William, Ito, Takatoshi, Stiglitz, Joseph E.
Format:	Publication
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	ABSOLUTE POVERTY ABSOLUTE SENSE ACCOUNTING ADMINISTRATIVE COSTS AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL SECTOR AGRICULTURAL TRADE AGRICULTURE ASYMMETRIC INFORMATION AUTONOMY AVERAGE GROWTH AVERAGE GROWTH RATE BANKS CAPITAL ACCUMULATION CAPITAL CONTROLS CAPITAL FLOWS CENTRAL BANKING CIVIL SERVICE CIVIL SOCIETY CIVIL UNREST CLIMATE CHANGE COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE MARKETS COMPETITIVENESS DEBT DECENTRALIZATION DEFICITS DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT ASSISTANCE DEVELOPMENT COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS DEVELOPMENT POLICIES DEVELOPMENT REPORT DEVELOPMENT RESEARCH DISCOUNTED VALUE DISSEMINATION DOMESTIC MARKETS DOMESTIC RESOURCE MOBILIZATION DOMESTIC SAVINGS ECONOMETRIC ISSUES ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC AFFAIRS ECONOMIC DEPRESSION ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROGRESS ECONOMIC RESEARCH ECONOMIC STAGNATION ECONOMIC SYSTEMS ECONOMICS ECONOMICS RESEARCH EFFECTIVE POLICIES ELASTICITY EMPIRICAL EVIDENCE EMPIRICAL LITERATURE EMPLOYMENT EPIDEMIC EQUILIBRIUM MODELS ETHNIC GROUPS EXCHANGE RATE EXPORTS EXTERNAL IMBALANCES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL SECTOR FINANCIAL SYSTEMS FISCAL DECENTRALIZATION FISCAL POLICIES FISCAL POLICY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN POLICY FREE MARKETS FREE TRADE GDP GDP PER CAPITA GLOBAL DEVELOPMENT GLOBAL ECONOMY GOVERNMENT AGENCIES GROSS DOMESTIC PRODUCT GROWTH PERFORMANCE GROWTH POLICIES GROWTH RATE GROWTH RATES HIGH GROWTH HIGH POPULATION GROWTH HIGH POPULATION GROWTH RATES HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN DEVELOPMENT REPORT IMPORT BARRIERS INCOME DISTRIBUTION INCOME GROWTH INDUSTRIAL DEVELOPMENT INDUSTRIAL ECONOMIES INDUSTRIAL ECONOMY INDUSTRIAL PRODUCTION INDUSTRIAL REVOLUTION INDUSTRIAL SECTOR INEFFICIENCY INFANT INFLATION INFLATION TAXES INTEREST RATE INTERNATIONAL ORGANIZATIONS INVESTMENT RATE LABOR MARKET LABOR SHORTAGES LABOR SUPPLY LAFFER CURVE LAND REFORM LEGAL STATUS LIVING STANDARDS LONG-TERM GROWTH MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARKET DISCIPLINE MIGRATION MIXED ECONOMIES MONETARY POLICIES MONETARY POLICY MUNICIPALITIES NATIONAL GOVERNMENTS NATURAL MONOPOLIES NATURAL RESOURCE NATURAL RESOURCES OFFICIAL DEVELOPMENT ASSISTANCE OPEN ECONOMIES OPEN ECONOMY OPERATIONAL CONTENT PEACE PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES POINT OF DEPARTURE POLICY DIALOGUE POLICY INTERVENTIONS POLICY MAKERS POLICY MEASURES POLITICAL ECONOMY POLITICAL SUPPORT POLITICAL TURMOIL POOR COUNTRIES POOR POLICIES POVERTY ALLEVIATION POVERTY LINE POVERTY REDUCTION PRIMARY PRODUCTS PRIVATIZATION PRO-POOR PROFITABILITY PROMOTING GROWTH PROTECTIONISM PUBLIC ENTERPRISES PUBLIC GOOD PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICES PUBLIC SPENDING PURCHASING POWER RAPID GROWTH RAPID INDUSTRIALIZATION RATE OF GROWTH REDUCING INFLATION REDUCING POVERTY RESOURCE ALLOCATION RESOURCE MOBILIZATION RESOURCE NEEDS RESPECT ROLE MODELS RURAL AREAS RURAL DEVELOPMENT RURAL POVERTY SAFETY NETS SECONDARY SCHOOLS SECTOR REFORMS SECTORAL COMPOSITION SHORT SUPPLY SOCIAL PROGRAMS SOCIAL PROGRESS SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SPECIES STABILIZATION POLICIES STATE-OWNED ENTERPRISES STRUCTURAL ADJUSTMENT SUBSIDIARY SUPPLY CURVE SUPPLY CURVES SUSTAINABLE GROWTH TECHNICAL SKILLS TERTIARY EDUCATION TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS TRANSPORT URUGUAY ROUND VICTIMS VOTERS WAGES WAR WARS WEALTH YOUNG PEOPLE
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090114045203 http://hdl.handle.net/10986/2586

Description
Summary:	The World Development Report (WDR) has become such a fixture that it is easy to forget the circumstances under which it was born and the Bank's motivation for producing such a report at that time. In the first chapter of this essay, the authors provide a brief background on the circumstances of newly independent developing countries and summarize some of the main strands of the emerging field of development economics. This backdrop to the genesis of the WDR accounts for the orientation of the earlier reports. The thinking on development in the 1960s and 1970s also provides a baseline from which to view the evolution that has occurred since. From the coverage in the second chapter, the authors isolate a number of key issues common to several or all of the WDRs, and the author examine these issues individually at greater length in third chapter. The discussion in third chapter, which builds on the material in the WDRs, presents some views about how far development thinking and, relatedly, policy making have advanced relative to 30 years ago. It asks whether promoting growth, building institutions, tackling inequality and poverty, making aid effective, and defining the role of the state have been rendered more tractable policy wise by the knowledge encapsulated in the WDRs. Chapter four looks ahead and points to some of the big challenges that the Bank might explore through future WDRs and the value it can add through the knowledge acquired from its cross-country operations and research.

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