Investment and growth

Researching what drives growth and investment and how the public sector or donors can actively support growth.
The Akuapem Rural Bank Ltd., founded in 1980, in the town of Mamfe, Ghana, June 19, 2006. Flickr, Jonathan Ernst/World Bank

Economic growth is crucial for delivering the economic freedoms and capabilities for sustained human development. But achieving and sustaining growth is not easy – researchers know very little about the causes of growth or what has caused growth after a growth episode has been observed.  An overriding concern for all the work is whether developing country governments can have a tailored progressive response to new policy issues or whether they should withdraw from active involvement and promote a neutral set of established development policies and rules, and if so what either of these might look like under which type of circumstances.

Using innovative research and communications techniques and empirical testing of relevant economic and other theories, it seeks to inform developing country policy makers (including economic policy makers and trade negotiators), donors, researchers and the development community on what drives growth and investment and how the public sector or donors can actively support growth.

For more information on this theme, contact Dirk Willem te Velde.