About this work
Paraguay, Ethiopia, Vietnam and Poland illustrate how different starting conditions call for different growth strategies. Agricultural development, public investment, market reforms and European integration each played distinct roles. The comparison emphasizes international trade and investment alongside domestic reforms, while identifying the institutional, innovation and demographic challenges that remain.
Abstract
Paraguay, Ethiopia, Vietnam and Poland illustrate how different starting conditions call for different growth strategies. Agricultural development, public investment, market reforms and European integration each played distinct roles. The comparison emphasizes international trade and investment alongside domestic reforms, while identifying the institutional, innovation and demographic challenges that remain.
Cite this work
Marcello Estevão, Jonathan Fortun (2024). Global Macro Views: Keys to Sustained Economic Growth. Institute of International Finance.