Broad-based economic growth is essential to sustainable, long-term development. It creates opportunities for raising living standards, provides countries with the resources to expand access to basic services and enable citizens to chart their own prosperous futures. Despite incredible progress that has reduced poverty and improved livelihoods around the world, global economic growth since 2008 has slowed and in some cases regressed. Today, three quarters of the world’s poor don’t have a bank account and access to capital remains a significant barrier throughout the developing world.
Release Date: Wednesday, February 5, 2014File: Land Tenure, Property Rights and Economic Growth in Rural Areas
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