The inclusive growth and development report 2015 by Richard Samans, Jennifer Blanke, Gemma Corrigan and Margareta Drzeniek published by World Economic Forum (9/2015). “…Macroeconomic, trade and financial stability policies remain critically important as they establish the conditions necessary for improvements in productivity that help drive growth. But institutional development in other areas is just as vital to broad-based progress in living standards and consequently deserves equal emphasis in national economic policy. The cultural change that such a rebalancing of emphasis would require in governments and classrooms should not be underestimated, as it represents a different way of thinking about structural reform.”
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