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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