This is a speech given by Mr. Wolfensohn to the United Nations Economic Commission for Africa, on January 27, 1998 at Addis Ababa. He presented a development agenda in Africa which covers: human resource development, capacity building, rural development and rural transformation, private sector...

Governments play a very important role in supporting innovation, managing the disruptive effects of innovation, and ensuring that the benefits of innovation are broadly shared in the long run. This paper reviews the literature on market mechanisms that translate innovation into jobs and policies...