Commission on Growth and Development completed its activities in June 2010. The Commission's achievements during  2006-2010 can be viewed here.This blog is archived and no longer open for comments. If you have any questions, please contact contactinfo[at]growthcommission.org

 

Welcome to the Growth Blog

The Growth Blog is a forum for you - the policy maker, the academic, the student, and the interested citizen of the world - to agree, disagree, or simply to engage current practitioners on policies and issues critical to development. This platform was inspired by the series of meetings that the Commission on Growth and Development held around the world over the course of the last two years. Of the many lessons that emerged in the deliberations, the one that stands out is that inclusive growth requires inclusive thinking, and inclusive discussion.

 

Catch Up Growth

The Role of Governance and Institutions in Growth

Submitted by Administrator on Tue, 05/20/2008 - 15:53.

On April 16th, 2008, the World Bank convened a conference to examine Inclusive and Sustainable Growth.  Paul Romer, a professor economics at Stanford University, and Senior Fellow at the Hoover Institution, as well as a member of the Growth Commission’s working group, delivered the keynote address, where he focused on the role of governance and institutions in the growth process. In his speech, Professor Romer identifies many crucial functions that government can perform in facilitating growth – both catch up growth, and leading edge growth - including encouraging the flow of ideas, achieving macroeconomic stabilization, and maintaining personal safety, among others.

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