The Commission on Growth and Development (informally known as the Growth Commission) was an independent body set up by the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

chaired by American economist

Michael Spence Andrew Michael Spence (born November 7, 1943) is a Canadian-American economist and Nobel laureate. Spence is the William R. Berkley Professor in Economics and Business at the Stern School of Business at New York University, and the Philip H. Kn ...

that brought together 22 policy-makers, academics, and business leaders to examine various aspects of economic growth and development. Launched in 2006, the Commission set out to take stock of the state of theoretical and empirical knowledge on economic growth with a view to drawing implications for policy for the current and future policymakers. Its work culminated in two publications – ''The Growth Report: Strategies for Sustained growth and Inclusive Development'' in May 2008 – and ''Post-Crisis Growth in Developing Countries : A Special Report of the Commission on Growth and Development on the Implications of the 2008 Financial Crisis'' in October 2009.Post-Crisis Growth in Developing Countries : A Special Report of the Commission on Growth and Development on the Implications of the 2008 Financial Crisis
(October 2009) Five thematic volumes and nearly 70 working papers were also published by the Commission. The Growth Commission’s work was sponsored by the governments of Australia, the Netherlands, the United Kingdom, and Sweden, the

William and Flora Hewlett Foundation The William and Flora Hewlett Foundation, commonly known as the Hewlett Foundation, is a private foundation, established by Hewlett-Packard cofounder William Redington Hewlett and his wife Flora Lamson Hewlett in 1966. The Hewlett Foundation a ...

, and the

World Bank Group The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group ...

. The group's activities formally ended in June 2010.

Commissioners

* Montek Ahluwalia (India), Minister of Planning * Edmar Bacha (Brazil), Board member of Banco Itau, former President of the National Bank for Economic and Social Development * Dr. Boediono (Indonesia), Coordinating Minister for Economic Affairs * Lord John Browne (Great Britain), Former CEO, British Petroleum * Kemal Dervis (Turkey), Administrator of the United Nations Development Programme, former Minister of Finance of Turkey * Alejandro Foxley, (Chile), Minister of Foreign Affairs *

Han Duck-Soo Han Duck-soo (; born 18June 1949) is a South Korean diplomat, economist, and politician who served as the acting president of South Korea in December 2024 and from March to May 2025 and as the prime minister of South Korea from 2007 to 2008 an ...

(Korea), Chairman of the Presidential Committee on Facilitating KORUS FTA Finalization *

Goh Chok Tong Goh Chok Tong (born 20 May 1941) is a Singaporean former politician who served as the second prime minister of Singapore from 1990 to 2004 and as a senior minister of Singapore from 2004 to 2011. He served as the secretary-general of the Peo ...

(Singapore), Senior Minister and Chairman of the Monetary Authority of Singapore * Danuta Huebner (Poland), Member of the European Commission * Carin Jaemtin (Sweden), Former Minister for International Development Cooperation * Pablo Kuczynski (Peru), Former Prime Minister * Danny Leipziger (USA), World Bank, Vice President, PREM *

Trevor Manuel Trevor Andrew Manuel (born 31 January 1956) is a retired South African politician and former anti-apartheid activist who served in the cabinet of South Africa between 1994 and 2014. He was the South African Department of Finance, Minister of ...

(South Africa), Minister of Finance *

Mahmoud Mohieldin Mahmoud Mohieldin, (born 15 January 1965 in Egypt) is an Egyptian economist with more than 30 years of experience in international finance and development. He is the UN Climate Change High-Level Champion for Egypt. He is an Executive Director ...

(Egypt), Minister of Investment * Ngozi N. Okonjo-Iweala (Nigeria), Managing Director, World Bank *

Robert Rubin Robert Edward Rubin (born August 29, 1938) is an American retired banking executive, lawyer, and former Federal government of the United States, government official. He served as the 70th United States Secretary of the Treasury, U.S. secretary o ...

(USA), Director, Chairman of the Executive Committee and Member of the Office of the Chairman of Citigroup, is the former Secretary of the US Treasury *

Robert Solow Robert Merton Solow, GCIH (; August 23, 1924 – December 21, 2023) was an American economist who received the 1987 Nobel Memorial Prize in Economic Sciences, and whose work on the theory of economic growth culminated in the exogenous growth ...

(USA), Professor Emeritus, Massachusetts Institute of Technology (MIT) *

(USA), Nobel Laureate, Chair of the Growth Commission, former Dean of Stanford Graduate Business School * Sir K. Dwight Venner (Saint Kitts and Nevis, West Indies) Governor of the Eastern Caribbean Bank * Hiroshi Watanabe (Japan), President and CEO of the Japan Bank for International Cooperation (JBIC) *

Ernesto Zedillo Ernesto Zedillo Ponce de León (; born 27 December 1951) is a Mexican economist and politician. He was the 61st president of Mexico from 1994 to 2000, as the last of the uninterrupted 71-year line of Mexican presidents from the Institutional Re ...

(Mexico), Director of the Yale Center Study of Globalization, former President of Mexico *

Zhou Xiaochuan Zhou Xiaochuan (; born 29 January 1948) is a Chinese economist. Zhou served as the governor of the People's Bank of China from 2002 to 2018. Zhou previously served as vice governor of the People's Bank of China, director of the State Adminis ...

(China), Governor of the People’s Bank of China

References

{{Reflist

External links

The Growth Commission Website (archived)
International development agencies