The Economic
Growth Cycle
Source: World Bank, 2010
Resources
• Natural Endowment – geography,
natural resources, and people
• Inheritance – institutions and
systems
• Accumulation – resources built up
through sustained growth
Ideas
• Prevailing growth paradigms
• Application to local context, country
peculiarities
Implementation
• Policy formulation
• Policy execution
• Performance measures for review
process
Review Emerging Trends
“Doing It Better”
Desired End State
“Doing It Right”
Identify Problem
“Getting It Right”
SUSTAINABLE
GROWTH