This paper provides insights to inform government efforts to attract and retain foreign direct investment, by analyzing the results of a survey of more than 2,400 affiliates of multinational enterprises across 10 middle-income countries. The paper explores corporate perspectives and...

For decades, manufacturers around the world have outsourced production to countries with lower labor costs. However, there is a concern that robotization in high-income countries will challenge this shifting international division of labor known as the "flying geese" paradigm. Greenfield foreign...

This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages...

For many years, offshore wind was the expensive cousin of onshore wind with generation costs in the range of USD 150 to USD 200 per megawatt hour (MWh). This changed dramatically between 2016 and 2017 when a series of competitive tenders in Europe witnessed strike prices fall below USD 100/MWh,...

This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...

This paper provides empirical evidence on the impact of institutional fragmentation and metropolitan coordination on urban productivity in Latin American cities. The use of night-time lights satellite imagery and high-resolution population data allow the use of a broader definition of...

This paper examines the linkages between urban form and city productivity, using alternative metrics for urban form and applying them to a comprehensive sample of Latin American cities. Although most of the literature has concentrated on the effects of population density (compact versus...

The impact of urban form on economic performance and quality of life has been extensively recognized. The studies on urban form have focused in developed countries; only a few cities in developing countries have been studied. This paper utilizes nighttime lights imagery and information on street...

This paper investigates the relative importance of different channels in explaining the low share of industrial employment in Latin America relative to the economies that employ a large share of the workforce in industry. Differences in domestic final consumption shares play a pivotal role and...