To join the ranks of today’s high-income economies, developing countries must continue to achieve economic growth for an extended period of time. The enthusiasm of the early 2000s has given way to some concerns about sustaining progress. China’s growth has slowed, and the related end of the commodities boom has negatively affected a number of sub-Saharan African and Latin American economies, most notably Brazil.
HOW OUR APPROACH DIFFERS FROM SOME INSTITUTIONAL WORK, AND POLICY INITIATIVES
The research agenda of the Growth and Development Research Programme is thus organized around the following three guiding questions:
- How do global socio-economic transitions influence patterns of growth and structural change in the regions of the “Global South”, and vice versa?
- Are these patterns inclusive and sustainable?
- How can possible trade-offs between growth, inclusiveness, and sustainability be overcome?.