The Wrong Growth Strategy for Japan

Source Ministry of Health, Enhanced Economic Growth and Poverty Reduction Strategy.

It was also implementing a pro poor strategy that favoured growth and employment.

In 2000, the Government formulated an Enhanced Economic Growth and Poverty Reduction Strategy.

Indonesia's strategy for national development was pro growth, pro employment and pro poor.

Especially in 2002, the Prime Minister approved the Comprehensive Poverty Reduction and Growth Strategy.

The basic strategy for achieving sustainable development through economic growth is now well established.

Education is a fundamental growth tool and one of the EU Lisbon strategy main prerequisites.

We are now pursuing an economic strategy that is pro growth, pro poor and pro job.

This generation is too old for education to be its growth strategy. It needs a growth strategy that will make it more productive and thus able to create the resources to invest more in the education of the next generation.

Office of the President of the Republic of Nicaragua, Enhanced Economic Growth and Poverty Reduction Strategy, 2001.

The Government's Economic Growth Support and Poverty Reduction Strategy addresses both the social and economic dimensions of poverty.

Malaysia apos s development strategy recognized that sector as a partner in development and an engine of growth.

To that end, Malawi had developed the Malawi Economic Growth Strategy, which outlined areas of high growth potential, including agro processing, the cotton and textile industry, mining and tourism.

213. The control of demographic growth is an important component of the strategy to raise living standards in Tunisia.

A key step in that direction had been the adoption of a more outward looking private sector led growth strategy.

Achievements, for example, have fallen far short of the sustained 7 per cent growth rate mentioned in the International Development Strategy.

A strategy for inclusive growth must empower people by including them in the networks that make them productive. Inclusiveness should not be seen as a restriction on growth to make it morally palatable.

Domestic demand led growth will be a more reliable strategy than export led growth. That means that countries with a large domestic market and a prosperous middle class will have an important advantage.

62. The experiences of those developing countries which have achieved high rates of economic growth in recent years show that sustained economic growth is linked to an effective strategy for domestic resource mobilization.

The Government s medium term growth strategy, which it has been following since 1995, is to encourage private sector expansion, reduce macroeconomic imbalances, and promote investment, agricultural growth, infrastructural rehabilitation and human capital development.

Against this background, South Korea s new growth strategy should aim to achieve both a demand side rebalancing and supply side productivity increases.

The first strategy is problematic because it is unsustainable. The second is undesirable because it buys stability at the cost of growth.

Yet, analysis of the impact of economic and social policies on growth and poverty reduction in poverty reduction strategy papers remains weak.

What matters most is whether a country adopts the right growth strategy. With none of Mexico s advantages, Vietnam pursued a strategy that focused on diversifying its economy and enhancing the productive capacity of domestic suppliers.

But the good news stops right about there. Sustained growth requires a growth strategy, and most developing countries do not yet have one that would put them irrevocably on the path of economic convergence.

Without a strategy for growth, which includes efforts to reduce government expenditures and a policy to stop deflation, Japan s economy will remain in the doldrums. But Kan still seems unwilling to focus on growth.

The trouble is that the eurozone has an austerity strategy but no growth strategy. And, without that, all it has is a recession strategy that makes austerity and reform self defeating, because, if output continues to contract, deficit and debt ratios will continue to rise to unsustainable levels.

The Ghana Poverty Reduction Strategy was aimed at implementing a comprehensive set of programmes to support growth and poverty reduction between 2003 and 2005.

But a forecast is not fate. With a new economic strategy that nurtures more diversified sources of growth, while reducing the country s excessive reliance on exports and large enterprises, South Korea can reinvigorate and sustain strong growth.

The evaluation, Comprehensive Poverty Reduction and Growth Strategy (CPRGS) Integration into Socio Economic Development Planning (SEDP) Lessons from Central Highlands, Viet Nam , is a Lessons Learned Document regarding roll out of the CPRGS, Viet Nam's Poverty Reduction Strategy Paper.

The best medium term strategy for sustainable poverty reduction is to gain access to new markets and make international trade the driving force of growth, combining economic growth with social development in order to develop our human capital.

Both were based on industrial manufacturing. China, which has emerged as the archetype of this growth strategy since the 1970s, traveled a well worn path.

To maximize domestic financial resources, every developing country must adopt a national development strategy that strengthens good governance while supporting private sector led economic growth.

A new three year project was being negotiated to consolidate macroeconomic stability and to pursue a strategy of sustainable economic growth with effective poverty reduction.

In social terms, although it is not considered to be a heavily indebted poor country, Gabon has prepared a poverty reduction and growth strategy paper.

Our strategy of achieving sustainable economic growth together with social equity requires fundamental reform of social policies to reflect principles of universality, inclusion and solidarity.

The Forum will comprise a Strategy and Technology Summit, and the main theme will be quot Telecommunications and Sustainable Development From Potential to Growth quot

This strategy includes concrete measures to alleviate the debt burden and economic policy measures, which will be critical to the revitalization of growth and development.

China has made a conscious strategic decision to alter its growth strategy. Its 12th Five Year Plan, enacted in March 2011, lays out a broad framework for a more balanced growth model that relies increasingly on domestic private consumption.

My Government believes that the fullest possible participation of the people in the development process is the best guarantee for the success of any growth strategy.

Zambia's economic policy objectives are anchored in the Poverty Reduction Strategy Paper (PRSP) whose overarching goal is poverty reduction through sustained economic growth and employment creation.

Ireland apos s own CO2 abatement strategy aims at limiting the growth in CO2 emissions to 20 per cent over 1990 levels by the year 2000.

Otherwise, the Lisbon Strategy could merely empower an inefficient bureaucracy, rather than boosting the EU s democratic legitimacy. In short, the Lisbon Strategy could lead Europe to become a real power in the coming decades, or it could fuel further growth of Euroskepticism.

Equally interesting, China is attempting to move away from the export led growth strategy that it and other East Asian countries have pursued. That strategy supported technology transfer, helping to close the knowledge gap and rapidly improving the quality of manufactured goods.