A key takeaway from day one of the Growth Summit is that you can't think of 'growth policy' or 'industrial policy' or 'investment climate reform' in the abstract, and expect that market level reforms on their own will lead to growth. Large, formal firms are key to economic growth, and many low income countries have too few of them. So policy needs to get concrete about how to support the growth of existing large firms, and how to support the creation and market entry of more large firms. All while ensuring that the few large firms do not capture policy and protect their existing positions, so that growth can be sustained through market entry and exit.
🚀 The 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁 starts in TWO days! 🚀 We’re thrilled to kick off the first ever 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁: 𝗥𝗲𝗰𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 on Thursday in Washington, D.C., co-hosted by Growth Teams, Charter Cities Institute, and the Center for Global Development! 🌍 Day 1 will feature leading voices from government, philanthropy, research, and the private sector: 🟢 Opening Remarks – Kartik Akileswaran, Mark Lutter, and Rachel Glennerster will set the stage for the Summit. 🟢 Recentering Growth: Why It Matters and What’s Been Overlooked – Stefan Dercon, Vera Songwe, Arvind Subramanian, and Hakim Ben Hammouda will dive deep into these questions. Moderated by Chema Triki.💡 🟢 Evidence-Based Action for Growth – How can rigorous research and data inform growth policies and actions? Eliana Carranza, Amir Lebdioui, Ken Opalo, and Kunal Sen will discuss, moderated by Shruti Rajagopalan. 📊 🟢 Fireside Chat: Taking Useful Action on Growth – A conversation with Lant Pritchett and Manish Sabharwal on actionable steps funders can take to support economic growth. 🔥 Day 1 is packed with bold ideas on why and how to re-center economic growth in the development dialogue. Stay tuned for updates and insights! #GrowthSummit #EconomicGrowth #StructuralTransformation
Co-Founder of Growth Teams | advancing economic prosperity
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