"There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to … interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of … commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. "--World …

but bring future prosperity. This paper tests these hypotheses, using data on micro-economic reforms from the World Bank …. "--World Bank web site …

economic reforms. The authors test this hypothesis using data on micro-economic reforms from the World Bank's Doing Business … probability of reform in the sample is 57.1 percent. "--World Bank web site …