of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country-specific macroeconomic shocks falls …

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … evolution of the financing regimes. The effectiveness of R&D selection mechanisms depends on the institutions and the …

of political freedoms versus economic development. This paper takes a new approach to provide an answer by using micro …

development, is significantly improved. …

of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …, and slowly increases at later stages of development. Third, the volatility of country- specific macroeconomic shocks falls …

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … evolution of the financing regimes. The effectiveness of R&D selection mechanisms depends on the institutions and the …

appropriate role of information and communication technologies in development and the priority that should be given to enabling …

This paper outlines a new approach for analysing the role of trade in promoting industrial development. It offers an …