Egypt is lagging behind other countries in the Mediterranean region in reforming its economy. This book explains why. The authors contend that the Egyptian political system, based to a large extent on discrete patronage and dominated by powerful interest groups was inherently resistant to...

For the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s, the United States was the region's major trade partner. In the 1990s, a second growth engine emerged with the European investment boom in Latin America. Now, at the...

The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks, a service providing access to the underlying data in...

Latin America is looking towards China and Asia -- and China and Asia are looking right back. This is a major shift: for the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s, the United States was the region’s major...

In 2007, Russia’s international investment flows reached record highs, making Russia one of the world’s largest recipients and sources of FDI. Russia's potential for attracting even more international investment can be improved by strengthening beneficial competition and offering additional...

This review covers the overall economic context for regulatory reform, the government's capacity to manage regulatory reform, competition policy and enforcement, and market openness. The review also examines specifically the the regulatory framework in the electricity and railway sectors. The...