Showing 1 - 10 of 164
One of the most fruitful advances in modern economics has been the introduction of psychological realism into the model of "economic man." The World Development Report 2015 organizes the evidence about how humans actually think and make decisions into a coherent framework useful for designing...
Persistent link: https://www.econbiz.de/10012972009
The international development community has been grappling with the challenges of implementing development programs and, consequently, with the design of practical approaches to attaining program objectives. This paper contributes to the emerging discussion on addressing the implementation...
Persistent link: https://www.econbiz.de/10012973696
The consensus among scholars and policymakers that "institutions matter" for development has led inexorably to a conclusion that "history matters," since institutions clearly form and evolve over time. Unfortunately, however, the next logical step has not yet been taken, which is to recognize...
Persistent link: https://www.econbiz.de/10012976368
Protectionism and industrial regulation are two topics in which the interplay of politics and economics is so strong that one wonders why the intellectual merger between the two approaches in the New Political Economy has taken so long. After describing the emergence of the state in Western...
Persistent link: https://www.econbiz.de/10012746955
In Localizing Development, Mansuri and Rao survey theory and evidence for development strategies based on local community empowerment. This note extends their theoretical argument by focusing on local government as a vital source of new leadership. Local leaders who provide better public service...
Persistent link: https://www.econbiz.de/10012972413
This study presents a novel set of indicators on outcomes of foreign direct investment spanning 63 developing countries and 10 areas that matter for development. Building on decade-long data collection by the World Bank Enterprise Surveys, the indicators highlight systematic differences between...
Persistent link: https://www.econbiz.de/10012906342
Tourism is one of Latin America's fastest growing industries but the impact of tourism on the poor and the effects on … lagging regions are under debate. Many studies have evaluated the growth impacts of the tourism sector but few have analyzed … the impact of tourism on the economy and poverty at the subnational level in developing countries. As a country marked by …
Persistent link: https://www.econbiz.de/10012975024
According to T.W. Schultz, the returns to human capital are highest in economic environments experiencing unexpected price, productivity, and technology shocks that create "disequilibria." In such environments, the ability of firms and individuals to adapt their resource allocations to shocks...
Persistent link: https://www.econbiz.de/10012976391
We investigate the replacement of the traditional state-centered model of electricity industry organization with a market-oriented neo-liberal model in 83 countries. We argue and find that social actors' ascription of legitimacy to an institutional replacement is central to the replacement's...
Persistent link: https://www.econbiz.de/10014027565
This study investigates the World Bank's use of lending and non-lending instruments to affect the policy priorities of developing countries. In a typical year, the World Bank lends more than $30 billion to its client countries. It also spends approximately $200 million on the provision of...
Persistent link: https://www.econbiz.de/10012835417