000 01725nam a2200205Ia 4500
008 140323b2005 xxu||||| |||| 00| 0 eng d
082 _a339.3
100 _aIanchovichina, Elena
_96150
245 _aGrowth trends in the developing world, [electronic resource] : country forecasts and determinants
_cIanchovichina, Elena
260 _aWashington, D.C.
_bWorld Bank
_c2005
300 _a62 p.
440 _aPolicy Research Working Paper, no. 3775
_990882
500 _aIncludes bibliographical references
520 _aThe authors present real per capita GDP growth forecasts for all developing countries for the period 2005-14. For 55 of these countries, representing major world regions and accounting for close to 80 percent of the developing world's GDP, they forecast the growth effects of the main forces underpinning growth, assuming that these evolve following past trends. The authors find that for the average developing country the largest growth dividend comes from continued improvement in public infrastructure, followed by the growth contributions of rising secondary school enrollment, trade openness, and financial deepening. The joint contribution of these four growth determinants to average, annual per capita GDP growth in the next decade is estimated to be 1 percentage point. Failure to keep improving public infrastructure alone could reduce this growth dividend by 50 percent. The forecasted growth contributions differ by country qualitatively and quantitatively. ""--World Bank web site."
650 _aGross domestic product - Developing countries
650 _aEconomic indicators - Developing countries
700 _aKacker, Pooja
_990885
942 _cBK
999 _c296445
_d296445