260 likes | 359 Views
Development indicators Gianni Vaggi University of Pavia September 2013. On the causes of economic growth. US employment, major sectors. GDP by sector in East South Africa Source: Schoening 2007. Data from African Development Bank, Selected Statistics on African Countries 2007.
E N D
Development indicatorsGianni VaggiUniversityof Pavia September 2013 On the causes of economic growth
GDP by sector in East South AfricaSource: Schoening 2007. Data from African Development Bank, Selected Statistics on African Countries 2007
The Asian Miracle World Bank 1993 UNCTAD Trade and Development Report 1996, 1997, Robert Wade Governing the market, 1990
The engineforgrowth-1 The roleof the governments: • Policiesensuringmacroeconomicstability • Government and financialmarkets • Policiespromotingequality(education, landreform)
The engineforgrowth-2 The profit-saving-investmenet nexus Industrial policies (promotingaccumulationofphysicaland human capital) activities(altering the allocationofresources) Export promotion-SEZ