exercise that focusses on five sectors - education, health, roads, water, and electricity infrastructure. Achieving the …'s success story, highlighting crucial policies in education and electricity sectors. It undertakes a forward-looking costing …

. It uses dominance tests to determine whether health and education expenditures redistribute resources to the poor. The … paper finds that social services are poorly targeted. Among the services examined, primary education tends to be most … progressive, and university education is least progressive. The paper finds that many taxes are progressive as well as efficient …

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education … indicators are also often used. This study examines whether health and education levels are converging across countries and … human capital convergence. The results confirm that investments in education and health are closely linked. We find …

improve: the quality, and not just the quantity, of education and health care; outcomes for disadvantaged groups; and lifelong …We discuss existing shortfalls and inequalities in the accumulation of human capital-knowledge, skills, and health. We …

The government's ability to deliver inclusive growth crucially depends on the quality of governance. This paper reviews … the linkages between governance and inclusive growth, and key policies to improve governance. The policies include (1 …

We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …

This paper explores the impact of political and institutional variables on public investment. Working with a sample of … 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment … is higher at the beginning of electoral cycles and decelerates thereafter. The peak in public investment growth occurs …

This paper argues that better governance practices can reduce the costs, risks and uncertainty of financial … that net interest margins of banks are lower if various governance indicators are better. More cross-border lending also … governance …