How much does public capital matter for economic growth? How large should it be? This paper attempts to answer these questions, taking the case of SSA countries. It develops and estimates a model that posits a nonlinear relationship between public investment and growth, to determine the...

Public-private partnerships (PPPs) can impose important future cost on the government, which in turn create obligations similar to public debt obligations for financing infrastructure investment. Apart from that, government guarantees, typical in PPP contracts, constitute explicit contingent...

What is state capacity and how does it affect development? The concept of state capacity acquired centrality during the late seventies and eighties, sponsored by a rather compact set of scholarly works. It later permeated through several disciplines and has now earned a place within the many...

This paper provides a review and synthesis of the findings of the second phase of a research project on institutions and long-run economic performance. It discusses research findings in five areas, namely (1) the relationship between institutional characteristics and the duration of economic...

It is commonly believed that the business environment in developing countries does not allow productive technology-based entrepreneurship to flourish. In this paper, we draw on the experience of Indian software firms where entrepreneurial growth has belied these predictions. This paper argues...

This paper discusses the progress in transition to knowledge-based economy in Saudi Arabia. As for the methodology, this paper uses updated secondary data obtained from different sources. It uses both descriptive and comparative approaches and uses the OECD definition of knowledge-based economy...

This paper employs both the descriptive and comparative approaches and uses the definition of knowledge and knowledge indicators used in the literature to examine the existence and development of the knowledge economy in the Arab region. We fill the gap in the Arab literature and present a more...

We review the origins of the dollar-a-day poverty line, discuss historical poverty and inequality trends, and forecast poverty rates until 2030 using a new fractional response approach. Three findings stand out. First, global poverty reduction since 1981 has been rapid but regional trends are...

This paper employs both the descriptive and comparative approaches and uses the definition of systems of innovation used in the literature to discuss the systems of innovation in the Arab region. We explain that the two common characteristics of poor Arab regional systems of innovation is...

This paper provides an overview of knowledge transfer and explains the factors that enable or impede absorption capacity and knowledge transfer in the MENA countries, with particular reference to the case of Egypt. We employ the conceptual framework used in the international literature on...