World Development Report 2024

Identifies principles for growth to enable middle-income countries to transition to high-income, applying a framework that proposes how the forces of creation (from both entrants and incumbent firms), destruction (of outdated arrangements), and preservation (of existing norms and institutions) can be balanced to speed up progress. The Report identifies principles for growth to enable middle-income countries to transition to high-income, applying a framework that proposes how the forces of creation (from both entrants and incumbent firms), destruction (of outdated arrangements), and preservation (of existing norms and institutions) can be balanced to speed up progress.