Growth trends in the developing world country forecasts and determinants

"The 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 forc...

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Bibliographic Details
Main Author: Ianchovichina, Elena
Corporate Author: World Bank
Other Authors: Kacker, Pooja
Format: eBook
Language:English
Published: [Washington, D.C] World Bank 2005
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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245 0 0 |a Growth trends in the developing world  |h Elektronische Ressource  |b country forecasts and determinants  |c Elena Ianchovichina, Pooja Kacker 
260 |a [Washington, D.C]  |b World Bank  |c 2005 
653 |a Economic indicators / Developing countries 
653 |a Gross domestic product / Developing countries 
700 1 |a Kacker, Pooja 
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500 |a Includes bibliographical references. - Title from PDF file as viewed on 11/18/2005 
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520 |a "The 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