I study the allocation of human capital in an economy with production externalities, financial constraints and career choices. Agents choose to become entrepreneurs, workers or financiers. Entrepreneurship has positive externalities, but innovators face borrowing constraints and require the...

European economic growth has been weak, compared to the US, since the 80s. In previous work (Krueger and Kumar, 2003), we argued that the European focus on specialized, vocational education might have been effective during the 60s and 70s, but resulted in a growth gap relative to the US during...

Foreword -- Macro-economic policy -- Trade -- Investment -- Financial regulation -- Science, technology & innovation -- Overview -- Economic Governance -- Taxation -- Anti-corruption -- Illicit financial flows -- Overview -The Environment and Natural resource Security -- Climate change -- Food...

This report examines the ways in which wider policies can be use to support our common development objectives. It focuses on areas requiring collective action by the entire international community, and complements the OECD’s continuing work on aid effectiveness and monitoring aid flows. It...