This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...

To date there does not exist one a generally acceptable measure or index of Specialization in International Trade. Development Economic Theory embraces the expectation of a direct relationship between economic growth and export diversification. However, International Trade Theory supports the...

1. The World Bank and Wolfensohn era reforms -- 2. The ABCs of the World Bank -- 3. A framework for modeling Bank behavior -- 4. The dynamics of epistemic economic change -- 5. Application to debt relief, participation and knowledge -- 6. Application to social capital -- 7. Application to...

"The Elgar Companion to The World Bank provides a comprehensive review of the past 80 years for this powerful development institution. Bringing together different theoretical approaches to studying the Bank from an expert group of scholars as well as insights from development practitioners, it...