Some Random Thoughts on Growth. Neil McCulloch Globalisation Team Leader. Growth in per capita. income of the poor. 20%. 10%. Growth in per. capita income. -20%. -10%. 10%. 20%. -10%. y = 1.17x - 0.00. 2. R. = 0.52. -20%. Growth Incidence Curves.
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Globalisation Team Leader
income of the poor
Growth in per
y = 1.17x - 0.00
Follow the comparative advantage of the country at every stage of development
As countries develop, their endowments change, as to relative factor prices and so the strategy can also change
CAD: firms in prioritised areas cannot survive in open competitive markets because they are in conflict with the comparative advantages determined by their endowments
Ensuring that all voices are heard, including those of the poor and marginalised
Processes for effective growth policy