A large literature documents the positive influence of a city's skill structure on its rate of economic growth. By contrast, the effect of a city's age structure on its economic growth has been a hitherto largely neglected area of research. This paper hypothesizes that cities with more...

At the moment, a child born in Uganda will be only 38 percent as productive when she grows up as she can be if she enjoyed complete education and full health, according to the human capital index (HCI) one of the lowest levels in the world. It will be necessary to ensure that the growing...

Do regions with higher working age populations grow faster? This paper examines this question using data from Russian regions and finds evidence that demographic trends influence regional growth convergence. In other words, keeping other factors constant, poorer regions grow faster than richer...

Partnership for growth: linking large firms and agro-processing small and medium enterprises (SMEs) presents lessons learned from various models utilized by public and private sector programs to stimulate the growth of agro-processing SMEs through linkages to larger firms in developing...

Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...

Like many other countries in Sub-Saharan Africa, this sub-group of West and Central African countries has experienced relatively fast drops in mortality but persistently high levels of fertility, which implies continued high rates of population growth, which represent an important challenge to...

This paper studies whether there is a connection between finance and growth at the firm level. It employs a new dataset of 150,165 equity and bond issuances around the world, matched with income and balance sheet data for 62,653 listed firms in 65 countries over 1990-2016. Three main patterns...

Large firms pay higher wages. In developing economies, the large-firm wage premium is comparable to the average gap between male and female wages, or two-thirds of the gap between urban and rural wages. There is substantial variation across countries in the share of the premium that is explained...