Why do standards matter, for what, and for whom? Who sets standards, and why does that matter? What roles do standards play in the progress of nations from low levels of development to the highest? The World Development Report 2025 (the “Report” or “WDR 2025”) will argue that setting and enforcing standards across the economy, society, environment, and government—and periodically revising and raising standards—are the heart of the development process, which is, in essence, all about improving living standards. Consequently, developing countries can make substantial gains by choosing and implementing the right standards effectively. Conversely, a poor choice of standards, their weak implementation, or exclusion from participation in the process of setting standards on the global stage can inflict large costs.
DETAILS
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Concept Note—World Development Report 2025: Standards for Development
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4/24/2025 01:03:00 PM
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4/24/2025 01:03:00 PM
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WDR 2025 Team
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Publications & Research
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English
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World
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Why do standards matter, for what, and for whom? Who sets standards, and why does that matter? What roles do standards play in the progress of nations from low levels of development to the highest? The World Development Report 2025 (the “Report” or “WDR 2025”) will argue that setting and enforcing standards across the economy, society, environment, and government—and periodically revising and raising standards—are the heart of the development process, which is, in essence, all about improving living standards. Consequently, developing countries can make substantial gains by choosing and implementing the right standards effectively. Conversely, a poor choice of standards, their weak implementation, or exclusion from participation in the process of setting standards on the global stage can inflict large costs.
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