World Development Report 2002 : Building Institutions for Markets

Markets should give incentives to engage in wider trade, forge the ability to use resources, and skills fully, and provide the opportunity to increase incomes, and accumulate assets. Despite underlying problems, many people in both developed, and developing countries do engage in productive, and rew...

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Main Author:	World Bank
Language:	English
Published:	New York: Oxford University Press 2012
Subjects:	Development indicators Institution building Market forces Market competition Institutional framework Economic integration Poverty reduction strategies Poverty incidence Market integration Human development Human capital Capacity building
Online Access:	http://hdl.handle.net/10986/5984

id	okr-10986-5984
recordtype	oai_dc
spelling	okr-10986-59842021-04-23T14:02:24Z World Development Report 2002 : Building Institutions for Markets World Bank Development indicators Institution building Market forces Market competition Institutional framework Economic integration Poverty reduction strategies Poverty incidence Market integration Human development Human capital Capacity building Markets should give incentives to engage in wider trade, forge the ability to use resources, and skills fully, and provide the opportunity to increase incomes, and accumulate assets. Despite underlying problems, many people in both developed, and developing countries do engage in productive, and rewarding market activity, for income from market participation is the key to economic growth for nations, and to reducing poverty for individuals. This report is about enhancing opportunities for poor people in markets, and empower them, provided regulatory frameworks, law enforcement, and organizational promotion accompany market transactions. Hence, building institutions that support the development of markets is the primary focus of this report, analyzing what institutions do to promote growth, and facilitate access, and suggesting how to build effective institutions. In understanding what drives institutional change, the report emphasizes the importance of history, highlighting the need to ensure effective institutions through: a design that complements existing institutions, human capabilities, and available technologies; innovations to identify both institutions that work, and those that do not; communities of market players connected through open information, and trade; and, the promotion of competition among jurisdictions, firms, and individuals. This overview is a presage to the World Development Report 2002, which shows that institutional strength ensures stable, and inclusive growth. 2012-04-06T19:46:07Z 2012-04-06T19:46:07Z 2002 978-0-19-521606-6 0-19-521606-7 http://hdl.handle.net/10986/5984 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank New York: Oxford University Press
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	Development indicators Institution building Market forces Market competition Institutional framework Economic integration Poverty reduction strategies Poverty incidence Market integration Human development Human capital Capacity building
spellingShingle	Development indicators Institution building Market forces Market competition Institutional framework Economic integration Poverty reduction strategies Poverty incidence Market integration Human development Human capital Capacity building World Bank World Development Report 2002 : Building Institutions for Markets
description	Markets should give incentives to engage in wider trade, forge the ability to use resources, and skills fully, and provide the opportunity to increase incomes, and accumulate assets. Despite underlying problems, many people in both developed, and developing countries do engage in productive, and rewarding market activity, for income from market participation is the key to economic growth for nations, and to reducing poverty for individuals. This report is about enhancing opportunities for poor people in markets, and empower them, provided regulatory frameworks, law enforcement, and organizational promotion accompany market transactions. Hence, building institutions that support the development of markets is the primary focus of this report, analyzing what institutions do to promote growth, and facilitate access, and suggesting how to build effective institutions. In understanding what drives institutional change, the report emphasizes the importance of history, highlighting the need to ensure effective institutions through: a design that complements existing institutions, human capabilities, and available technologies; innovations to identify both institutions that work, and those that do not; communities of market players connected through open information, and trade; and, the promotion of competition among jurisdictions, firms, and individuals. This overview is a presage to the World Development Report 2002, which shows that institutional strength ensures stable, and inclusive growth.
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	World Development Report 2002 : Building Institutions for Markets
title_short	World Development Report 2002 : Building Institutions for Markets
title_full	World Development Report 2002 : Building Institutions for Markets
title_fullStr	World Development Report 2002 : Building Institutions for Markets
title_full_unstemmed	World Development Report 2002 : Building Institutions for Markets
title_sort	world development report 2002 : building institutions for markets
publisher	New York: Oxford University Press
publishDate	2012
url	http://hdl.handle.net/10986/5984
_version_	1764397033865609216

World Development Report 2002 : Building Institutions for Markets

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