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The Scorecard on Development: 25 Years of Diminished Progress

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Author Info
Mark Weisbrot
Dean Baker
David Rosnick

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Abstract

This paper examines data on economic growth and various social indicators and compares the past 25 years (1980-2005) with the prior two decades (1960-1980). The paper finds that the past 25 years in low- and middle-income countries have seen a sharp slowdown in the rate of economic growth, as well as a decline in the rate of progress on major social indicators including life expectancy and infant and child mortality. The authors conclude that economists and policy-makers should devote more effort to determining the causes of the economic and development failure of the last quarter-century.

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Paper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number 31.

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Length: 20 pages
Date of creation: Sep 2006
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Handle: RePEc:une:wpaper:31

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Keywords: economic development growth social indicators growth failure developing countries education health

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Find related papers by JEL classification:
O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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  2. Dani Rodrik & Arvind Subramanian, 2004. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," IMF Working Papers 04/77, International Monetary Fund. [Downloadable!]
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  3. Andrea Bassanini & Stefano Scarpetta & Ignazio Visco, 2000. "Knowledge, Technology and Economic Growth: Recent Evidence from OECD Countries," OECD Economics Department Working Papers 259, OECD Economics Department. [Downloadable!]
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  4. Eliasson, Gunnar, 1984. "Micro heterogeneity of firms and the stability of industrial growth," Journal of Economic Behavior & Organization, Elsevier, vol. 5(3-4), pages 249-274. [Downloadable!] (restricted)
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  6. Lobel, Orly, 2006. "Sustainable capitalism or ethical transnationalism: Offshore production and economic development," Journal of Asian Economics, Elsevier, vol. 17(1), pages 56-62, February. [Downloadable!] (restricted)
  7. Dollar, David & Kraay, Aart, 2001. "Growth is good for the poor," Policy Research Working Paper Series 2587, The World Bank. [Downloadable!]
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  8. Boyer, Robert, 2000. "The French welfare : an institutional and historical analysis in European perspective," CEPREMAP Working Papers (Couverture Orange) 0007, CEPREMAP. [Downloadable!]
  9. Robert E. Lucas, Jr., 1989. "On the Mechanics of Economic Development," NBER Reprints 1176, National Bureau of Economic Research, Inc.
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  10. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages F22-F49, 02. [Downloadable!] (restricted)
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  11. Valerie Cerra & Sweta C. Saxena, 2005. "Growth Dynamics: The Myth of Economic Recovery," Macroeconomics 0508008, EconWPA. [Downloadable!]
  12. Fujiki, Hiroshi & Nakada, Sachiko-Kuroda & Tachibanaki, Toshiaki, 2001. "Structural Issues in the Japanese Labor Market: An Era of Variety , Equity, and Efficiency or an Era of Bipolarization?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 19(S1), pages 177-208, February. [Downloadable!]
  13. Levis, Julien, 2006. "Adoption of corporate social responsibility codes by multinational companies," Journal of Asian Economics, Elsevier, vol. 17(1), pages 50-55, February. [Downloadable!] (restricted)
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