Key Facts and Insights
- Growth is driven by policy reforms and their implementation.
- The importance of institutions in the economic development process.
- Economic liberalisation and openness to global trade and investment are critical for sustained growth.
- The significance of human capital and infrastructure in growth.
- The role of the state in providing public goods and creating an enabling environment.
- The need for fiscal and monetary stability.
- The significance of inclusive growth and the role of socio-political factors in economic growth.
- The importance of innovation and technological advancement in accelerating growth.
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