Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?

Broad economic institutions are of fundamental importance for sustained economic growth.
Volume/Issue: Volume 2005 Issue 044
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Exports and Imports , Economics- Macroeconomics , PP , country , growth , Policy lever , PRGF , growth acceleration , SG country , export growth , trade regime , growth spurt , Export performance , Personal income , Exports , Sub-Saharan Africa

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Summary

Broad economic institutions are of fundamental importance for sustained economic growth. Changing these institutions is difficult, particularly for outsiders. But this does not mean that there is no role for the Fund to play in assisting low-income countries to create conditions for sustained growth acceleration.

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