Since 1998 Albania has experienced an important transformation that has lifted it into the ranks of upper middle income countries and has allowed a sharp reduction in poverty. Growth averaged more than 6 percent per year between 1998 and 2010, the best performance in Europe. This helped to...

During the last century, Brazil was one of the fastest growing economies in the world. Between 1901 and 2000, Brazil's Gross Domestic Product (GDP) per capita grew at an average annual rate of 4.4 percent. Brazil's long-run growth has rivaled that of counties such as South Korea, universally...

During the last century, Brazil was one of the fastest growing economies in the world. Between 1901 and 2000, Brazil's Gross Domestic Product (GDP) per capita grew at an average annual rate of 4.4 percent. Brazil's long-run growth has rivaled that of counties such as South Korea, universally...

Uganda has made significant progress in the last three decades; most importantly, Ugandans now live much longer and better lives than before. Since 1990, the life expectancy of a Ugandan baby has increased by almost half, from 43.8 years to 63.4 years. This progress was driven by rapid economic...

This book aims to contribute to the World Bank's education agenda by communicating research findings on the impact of education quality on economic growth. Eric Hanushek and Ludger Wößmann show that indeed the quality of education, rather than mere access to education, is what impacts economic...

"For the evaluation of macroeconomic policies Colombian authorities rely heavily, if not exclusively, on the operational framework known as the Financial Programming Model developed by the International Monetary Fund in the 1950s. Based on this static framework, the formulation of fiscal policy...