We revisit the relevance of the World Bank's Country Policy and Institutional Assessment (CPIA)against growth performance, with attention to possible biases arising from qualitative andquantitative changes in the CPIA methodology. The CPIA, introduced in the late 1970s, had aseries of extensive...

This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the...

1. The Source and Evolution of Growth -- 2. Modern Growth Theory Arguments -- 3. Growth Prototypes and Economic Policy -- 4. Economic Policy Formation and Decision Making -- 5. The Determinants of Economic Policy Formation -- 6. Targets, Instruments and Policy Implementation -- 7. Institutional...

What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...

1. The Narrative -- 2. The Quantum of Growth -- 3. Drivers of Growth in Sub Saharan Africa -- 4. Sectoral Growth in Sub Saharan Africa -- 5. Deindustrialisation in Sub Saharan Africa Explains Key Vulnerabilities in Growth and Productivity -- 6. The Labour Market in Sub Saharan Africa -- 7....

Cabo Verde's economic achievements over the last thirty years have been spectacular and are unprecedented on the African continent. These achievements are remarkable given the unique challenges the country faces due to its small size, lack of scale for production of goods and delivery of...

This poverty assessment focuses on the evolution of poverty and other social indicators in Ethiopia between 2010-11 and 2015-2016 (henceforth referred to as 2011 and 2016). Using data from a variety of sources, mainly the twinned household living standards surveys (HCES and WMS), the Ethiopia...