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Economic Growth in the 1990s: Learning from a Decade of Reform

 
The World Bank's Poverty Reduction and Economic Management (PREM) Network has prepared a study on development lessons of the 1990s. The report reviews the growth impact of the main policy and institutional reforms introduced in the 1990s, presents a broad perspective on the events, country experiences, academic research and controversies of the decade, and reflects on how they alter our thinking about economic growth. Economic Growth in the 1990s: Learning from a Decade of Reform can be purchased from our online bookstore.

The report complements a series of lectures by leading development practitioners such as Larry Summers, President of Harvard University and Former U.S. Secretary of the Treasury, and Fernando Henrique Cardoso, Former President and Former Minister of Finance of Brazil, discussed their experience as policy makers at the forefront of policy implementation in the 1990s.

 

Table of Contents

Foreword
Gobind Nankani
1. Overview
PART 1: FACTS OF THE 1990s
2.

Grist and Mill for the Lessons of the 1990s

Country Note: Economic Growth from the Very Long-Term Perspective of History

3. Something Special about the 1990s?

Country Note: Lessons from Countries That Have Sustained Their Growth
PART 2: DEVELOPMENT CONTROVERSIES OF THE 1990s
4.

Macroeconomic stability: the More the Better?

Country Note: Poverty and Inequality: What Have We Learned in the 1990s

5.

Trade Liberalization: Why So Much Controversy?

Country Note: The Middle East and North Africa: Performing below Potential

6.

Privatization and deregulation: a push too far?

Country Note: Eastern Europe's Transition: Building Institutions

7.

Financial Liberalization: What Went Right, What Went Wrong?

Country Note: Lessons and Controversies from Financial Crises in the 1990s

8.

Policy Reforms and Growth Performance and Growth: What Have We Learned?

Country Note: Why Blessings become Curses?

9.

Improving Public Sector Governance: The Grand Challenge?

Country Note: Africa's Growth Tragedy: an Institutional Perspective

10.

Politics: Does Democracy Help?

  Bibliography