"This paper presents a three-sector static model to explore the rationale for a series of institutional distortions in developing countries. The authors argue that, after World War II, motivated by a belief in the development of state-of-the-art industries as a means for nation building, the...

Knowledge has always been an essential force in economic development. Chapter one, describes the knowledge revolution, which is leading us into a postindustrial age in which brains, not brawn, are the best means of coping with intensified competition and new challenges, including those related...

Fragile countries face deep institutional constraints that require attention to achieve better development outcomes for their citizens. Underlying issues such as fragmented development efforts across sectors, limited capacity to drive change and lack of multi-stakeholder ownership weaken the...

Vietnam's rapid economic growth continues to create new demands for transport infrastructure and services. Bottlenecks to business activities caused by infrastructure constraints are already appearing in several areas. High rates of urbanization, rising traffic accidents, new capacity...

This paper explores Liberia's policy options in support of the development of a Medium-Term Growth and Development Strategy (MTGDS) for 2013-2017 and its national vision, Liberia Rising 2030. At issue is the mismatch between available fiscal space and the enormous development needs that the...

It is no exaggeration to say that Eritrea is at a cross-roads today. The war with Ethiopia meant that the development plans and programs gradually put into place since independence were disrupted. The signing of the peace agreement in December 2000, and the ruling of the boundary commission on...