South Africa has begun a new phase in its history. This article reports on a study examining the challenge of promoting equitable and fiscally sustainable growth, and evaluating alternative paths to growth using an econometric model developed by World Bank staff. The broad conclusion is that...

Many people have questioned whether the world's poor share in economic growth. This note synthesizes the empirical evidence. The data show that economic growth typically reduces poverty and can usually be deemed pro-poor. But there is wide divergence across countries. In some cases the poor have...