Learning from Developing Country Experience: Growth and Economic Thought Before and after the 2008-09 Crisis

29 Pages Posted: 20 Apr 2016

See all articles by Ann E. Harrison

Ann E. Harrison

University of California, Berkeley; National Bureau of Economic Research (NBER)

Claudia Sepulveda

World Bank

Date Written: August 1, 2011

Abstract

The aim of this paper is twofold. First, it documents the changing global landscape before and after the crisis, emphasizing the shift towards multipolarity. In particular, it emphasizes the ascent of developing countries in the global economy before, during, and after the crisis. Second, it explores what these global economic changes and the recent crisis imply for shifts in the direction of research in development economics. The paper places a particular emphasis on the lessons that developed countries can learn from the developing world.

Keywords: Achieving Shared Growth, Emerging Markets, Population Policies, Economic Theory & Research, Debt Markets

Suggested Citation

Harrison, Ann E. and Sepulveda, Claudia, Learning from Developing Country Experience: Growth and Economic Thought Before and after the 2008-09 Crisis (August 1, 2011). World Bank Policy Research Working Paper No. 5752. Available at SSRN: https://ssrn.com/abstract=1905373

Ann E. Harrison (Contact Author)

University of California, Berkeley ( email )

Giannini Hall
Berkeley, CA 94720-3880
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Claudia Sepulveda

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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