Post-Crisis Growth in the Developing World: A Special Report of the Commission on Growth and Development

Abstract

The 2008 financial crisis has raised a number of questions about the best strategy for achieving sustained growth and poverty reduction in developing countries, foremost among them whether the failure of the financial system also signifies the broader failure of market-oriented capitalist systems. The Growth Commission looks at this issue in its new report - Post-Crisis Growth in Developing Countries. It believes that the crisis was not a failure of market-oriented systems and that an outward-looking strategy, as suggested in the original Growth Report (published in May 2008), remains broadly