Who was so bold to think that the Washington Consensus vision of economic growth was on its death bed, should read this new "Golden Growth" report by the World Bank.  

Resource constraints or energy dependence are hardly mentioned in this report and the call for a "new growth model" is made into a caricature.

More innovation needed is one of the "recommendations" of the report. Maybe the World Bank should start innovating in its own thinking about growth?

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