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Is Growth Enough? A Scenario Analysis Prepared for the World Bank

Eliminating poverty is an overriding objective of World Bank policy. Closely associated with it is the goal of achieving environmentally-sustainable growth. This study considers whether these goals can be achieved with current policy approaches. In particular, the study examines a key hypothesis implicit in the Bank’s present strategy: Is economic growth consistent with environmental goals and alone enough to reduce poverty, or are other strategies likely to be required?