This paper deals with a classic development question: how can the process of economic development – transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of...

We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...

The shadow economy has long been an area of research for policymakers. The determinants of underground activity of late have been identified as high tax burdens and increased regulation, but has this relationship always existed? This seminal work examines the shadow economy in Norway, Sweden,...

When traditional measures for economic welfare are scarce or unreliable, stature and the body mass index (BMI) are now widely-accepted measures that reflect economic conditions. However, little work exists for late 19th and early 20th century women's BMIs in the US and how they varied with...

We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...

This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...

1. Climate-resilient development: an introduction / S. Fankhauser and T. Mcdermott -- Part I concepts -- 2. The role of climate in development / D. Castells-Quintana, M. Lopez-Uribe and T. Mcdermott -- 3. Poverty and climate change / S. Hallegatte, M. Bangalore, L. Bonzanigo, M. Fay, T. Kane, U....

Multinational enterprises and developing countries : background and preview -- Foreign direct investment in developing Asia : trends, patterns and prospects -- Multinational enterprises and manufacturing for export : emerging patterns and opportunities for latecomers -- Product fragmentation and...

Contents: Preface -- Part I Why decentralization matters -- 1. Fiscal decentralization 101 -- 2. Has decentralization worked? -- Part II Decentralizing expenditures -- 3. Expenditure assignment and management -- 4. Decentralizing and financing infrastructure -- Part III Financing local...

This major work brings together authors with experience of both academic and operational project work to focus on issues such as the shadow exchange rate, the shadow wage, the discount rate and assessment of poverty impact and risk, as well as problems relating to specific sectors covering...