Developing and transition economies are seeking to accelerate their development by liberalising trade and investment, and taking advantage of the opportunities of the global market place. However, in the wake of recent financial crises, concerns have been expressed that some countries might turn...

The book describes why expanding trade, and investment is vital for the Middle East and North Africa region. The greatest economic challenge is to create enough jobs for its rapidly growing labor force, which is increasingly young, and educated, to ward off threats to social, and political...

Strong cyclical dynamics, together with an easing of macroeconomic policies in the United States and elsewhere, have boosted large parts of the global economy, into the initial phase of a recovery in 2002. Nonetheless, the global recovery is fragile, because investment spending is insufficient...

Global knowledge flows are becoming a key driver of economic development. How can countries develop effective policies to reap benefits? This report aims to answer this question and highlights these key areas: promoting cross-border alliances involving firms and universities; simulating...

Since the return to democracy in 1999, Nigeria has embarked upon an ambitious reform programme towards greater economic openness and liberalisation. As a result, gross domestic product growth picked up consistently, never going below 5% since 2003. Nigeria has become a top recipient of foreign...

Too many developing countries are not on track to reach the Millennium Development Goals (MDGs) by 2015 and need to pursue better and more sustained ways of reducing poverty. If progress continued on present trends, some countries in sub-Saharan Africa would not reach the MDGs for over a...