Series: IMF Working Papers
Author(s): Arvind Subramanian , Jonathan Ostry , and Simon Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
Keywords: Sustained growth, constraints, benchmark, gdp growth, growth rates, trade policies, gdp per capita, Economic Development: General, Economic Development: Regional, Urban
A dozen countries had weak institutions in 1960 and yet sustained high rates of growth subsequently. We use data on their characteristics early in the growth process to create benchmarks with which to evaluate pote...