Economic Rebalancing and Service Delivery Efficiency
Growth is the main driver of improved economic welfare
globally, but the inclusiveness of growth matters too
The World Bank uses the Shared Prosperity indicator to monitor both average
growth and growth of the lower quintiles of the population in every country.
Shared Prosperity
14
Russian Federation (2004-2009)
Growth has been inclusive
12
globally, with the bottom 40
growing faster than the average in
more than 70% of countries for
which data is available.
But in about 1/5 of these cases
growth rates are very low (under
2%) limiting progress on this goal.
• And in some high growth
countries, including in Europe and
Central Asia, shared prosperity has
been spurred by social transfers
which may not be sustainable.
Growth Rate of Bottom 40%
10
B
LO
4
2
0
-2-
4
THE WORLD BANK
IBRD IDA WORLD BANK GROUP
Peru (2006-2011)
Brazil (2006-2011)
South Africa (2006-2011)
Thailand (2006-2010)
-2
China (2005-2010)
Turkey (2006-2011)
India (2005-2012)
Nigeria (2004-2010)
2
Growth Rate of Total
4
6
8
10
Source: World Bank, Global Database for Shared Prosperity
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