"The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the...

Cameroon's growth achievement is disappointing and the country is not likely to meet most of the Millennium Development Goals (MDGs) on its current trajectory. Underemployment is extremely high, with risks of social unrest and instability. The fallout of the current global economic crisis is...

The report provides an assessment of Nepal's progress in development, and discusses the development policy agenda and priorities to accelerate development. The aim of the Development Policy Review (DPR) is to inform both on Government policies and further refinement of the country's poverty...

The objective of this Development Policy Review, is to provide an up-to-date, integrated assessment of Guyana's development policy agenda, with the main focus on governance, growth, and poverty alleviation. The report consists of three parts: assessment of development outcomes, discussion of the...

Given a steady pace of structural reforms, and sound macroeconomic management, Tunisia experienced a fast, and sustained growth. However, while forward-looking policies helped preserve external and internal balances, challenges remain in the context of a volatile external environment. High and...

This document reviews Nicaragua's development agenda from a growth perspective. That focus emerges from the country's Poverty Reduction Strategy Paper (PRSP), which traces the widespread poverty observed in Nicaragua, to the collapse of the 1980s, and considers a continued, broadly-based...

"Starting with a general impact indicator as an evaluation criterion, Essama-Nssah offers an integrative framework for a unified discussion of various concepts and measures of pro-poor growth emerging from the current literature. He shows that whether economic growth is considered pro-poor...