The last two decades have experienced hardly any improvement in the indicators for employment and poverty in the developing countries. Progress can be made only with an economic policy that creates the conditions required for economic growth centered on the private sector and at the same time...

Many traditional aid recipient countries have recently also become donors of development aid. In particular, anchor countries such as China, India, Brazil, Mexico, South Africa, and Thailand are increasingly providing aid programs for needier developing countries. In some cases, however, this...

When Alice in Wonderland wonders which way she should take, the Cheshire Cat responds that it depends on where she wants to go! Researchers and policy-makers considering a country’s long-term development path also have to know where they want to go. Typically, they seek to determine the...

Around 2031, Africa’s working-age population will pass the 1-billion threshold. This growing workforce will require decent productive employment. So far, Africa’s economies have largely failed to create stable and well-paid jobs. For any one person working in the formal private sector, 10...