License: Creative Commons
Credit: Eric Miller
Source: World Bank
This roundtable explored development finance institutions and their linkages with job creation and structural change.
Only productivity change, structural transformation and innovation can secure development in the long-run. A low-income country (LIC) that doesn’t increase the level of productivity in its economy will eventually limit its own growth and income-generating potential, and find it difficult to navigate health challenges and environmental constraints. It may well fail to make the transition from a LIC to a middle income country (MIC).
This round-table discussion examined the effectiveness and accountability of the G-20.
This project examines the linkages between development finance institutions (DFIs) and job creation and productivity change.
Ensuring high and sustained economic growth rates in low income countries, combined with high levels of social development, is unlikely to be achieved without productivity changes based on widespread economic diversification and structural transformation.