In broad terms, the sources of economic growth are well understood but relatively few countries have succeeded in effectively harnessing this knowledge for policy purposes so as to sustain high rates of growth over an extended period of time (commission on growth and development 2008; Yusuf 2009). Among the ones that have done so, China stands out. Its Gross Domestic Product (GDP) growth rate averaging almost ten percent between 1978 and 2007 is unmatched...
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DETAILS
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2009/04/22
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Working Paper
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50208
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3
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2010/07/01
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Disclosed
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Full report
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engineering technology
Citation
Yusuf,Shahid; Nabeshima,Kaoru.
Growth through innovation : an industrial strategy for Shanghai (Vol. 3 of 3) : Full report (Chinese). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/343291468018632274