Improving educational achievement for youth doesn't always result in better employment opportunities, and this can be especially acute in developing countries. As the World Bank's 2013 world development report highlights, the mismatch between the skills and aspirations of college graduates and...

This report assesses the prospects for Turkey's youth by examining the 'school-to-work transition'. Turkey needs to invest in its young people to capture the potentially substantial dividend of today's large youth cohort. Because of the sheer number of young people, Turkey's working-age...

"The paper tests three hypotheses about the causes of unemployment in the Central-East European transition economies and in a benchmark market economy (Western part of Germany). The first hypothesis (H1) is that unemployment is caused by inefficient matching. Hypothesis 2 (H2) is that...

Disputes between citizens or businesses and the State about respective rights and duties are at the core of administrative law. The ability for citizens and businesses to hold Government accountable for acting within the rule of law is a key element of good governance. It provides legal...

"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...

This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...