Explaining Growth attempts to compile the most comprehensive assessment of growth in developing and transition countries. The first phase has sought to review and discover broad similarities and comparable experiences in six regions spanning the developing world. In each region, studies were undertaken on sources of growth, markets and growth, microeconomic determinants of growth, and the political economy of growth. These reviews provide the framework for the in-depth country case studies in Phase II. This volume summarizes the main results of the regional analyses and sets the stage for the country studies.

MICAEL CASTANHEIRA Université Libre de Bruxelles, Belgium
HADI SALEHI-ESFAHANI University of Illinois at Urbana-Champagne, USA
SEGEI GURIEV New Economic School, Moscow, Russia
TEPÁN JURAJDA Center for Economic Research and Graduate Educations - Economics Institute, Prague, Czech Republic
JONGIL KIM Dongguk University, Seoul, Korea
JANET MITCHELL Facultés Universitaires Saint-Louis
LANT PRITCHETT Harvard University, USA
DJAVAD SAlEHI-ISFAHANI Virginia Polytechnical Institute, Blacksburg, VA, USA
ROBERT M. SOLOW Massachusetts Institute of Technology, USA
CHARLES C. SOLUDO African Institute for Applied Economics, Enugu, and University of Nigeria, Nsukka, Nigeria.

The International Economic Association The Global Development Network List of Contributors List of Abbreviations Foreword; R.M.Solow Explaining Growth: A Global Research Project; G.McMahon & L.Squire Sources of Aggregate Growth in Developing Regions: Still More Questions than Answers?; C.C.Soludo & J.Kim Microeconomic Determinants of Growth Around the World; S.Guriev & D.Salehi-Isfahani Markets and Growth; S.Jurajda & J.Mitchell The Political Economy of Growth: Lessons Learned and Challenges Ahead; M.Castanheira & H.Salehi-Esfahani A Conclusion to Cross-National Growth Research: A Foreword To the Countries Themselves; L.Pritchett Index of Names Subject Index