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"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10010522996
consumers, and the tax revenues governments can draw on to fund health, education, and other services.The World Development … exploring these and related issues, the Report contains selected data from the World Bank's new program of Investment Climate … Surveys, the Bank's Doing Business Project, and World Development Indicators 2004. This Report offers practical insights for …
Persistent link: https://www.econbiz.de/10012644143
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish †“ especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the...
Persistent link: https://www.econbiz.de/10012248759
Persistent link: https://www.econbiz.de/10012248760
Developing countries employ a very large share of their workforce in agriculture, a sector in which their labor productivity is particularly low. We take a macroeconomic approach to analyze the role of agriculture in development. We construct a new database with systematic measures of inputs and...
Persistent link: https://www.econbiz.de/10014250119
This paper shows that large, multi-establishment business enterprises face a high cost of middle management in poor countries and that this cost inhibits the growth of the modern sector. We provide new empirical evidence using a database covering compensation for 300,000 middle managers working...
Persistent link: https://www.econbiz.de/10013435154
is the result of a global partnership and shared commitment between the World Bank Group and the OECD. …
Persistent link: https://www.econbiz.de/10012451916
Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or …
Persistent link: https://www.econbiz.de/10013462666
This paper builds a world atlas of child penalties in employment based on micro data from 134 countries. The estimation … different regions of the world. The fraction of gender inequality explained by child penalties varies systematically with …
Persistent link: https://www.econbiz.de/10014337881
World Bank and widely used in contemporary economic research. GS derives from the theoretical work on wealth accounting, and … countries to enhance, complement, and contextualise the work of the World Bank and others …
Persistent link: https://www.econbiz.de/10014250172