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China's economic and social achievements since the beginning of reform and opening are unprecedented in global history. Managing the growth process in this continuously changing environment has required great skill and the use of unconventional economic policy. Now China has entered a new era in...
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Structural change is a key driver of rapid growth: countries diversify into new industries, firms learn new things, people move to new locations. Anything that slows this structural change is also likely to slow growth. Because urbanization is one of the most important enabling parallel...
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The commission on growth and development was established in April 2006. It felt that the benefits of growth were not fully appreciated, but also recognized that the causes of growth were not fully understood. Growth is often overlooked and underrated as an instrument for tackling the world's...
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