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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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:
GDP
WAR
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
id okr-10986-2586
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
spellingShingle 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
Yusuf, Shahid
Deaton, Angus
Dervis, Kemal
Easterly, William
Ito, Takatoshi
Stiglitz, Joseph E.
Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
description 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.
format Publications & Research :: Publication
author Yusuf, Shahid
Deaton, Angus
Dervis, Kemal
Easterly, William
Ito, Takatoshi
Stiglitz, Joseph E.
author_facet Yusuf, Shahid
Deaton, Angus
Dervis, Kemal
Easterly, William
Ito, Takatoshi
Stiglitz, Joseph E.
author_sort Yusuf, Shahid
title Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
title_short Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
title_full Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
title_fullStr Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
title_full_unstemmed Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report
title_sort development economics through the decades : a critical look at 30 years of the world development report
publisher Washington, DC: World Bank
publishDate 2012
url 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
_version_ 1764385659186839552
spelling okr-10986-25862021-04-23T14:02:03Z Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report Yusuf, Shahid Deaton, Angus Dervis, Kemal Easterly, William Ito, Takatoshi Stiglitz, Joseph E. 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 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. 2012-03-19T10:02:25Z 2012-03-19T10:02:25Z 2009 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 978-0-8213-7255-5 http://hdl.handle.net/10986/2586 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication