This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence … of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds …

This paper employs a simple cross-country panel framework to assess the determinants of growth in Ghana's gross … domestic product over the past four decades. A set of standard covariates is used to explain growth rates. Natural resource … Ghana. Using the preferred specification, Ghana's growth potential is predicted for the upcoming decades under different …

estimation of a panel-data vector autoregressive model over 1975-2011. Growth fluctuations, initially associated with demand … but relatively more important in the core. Changes in competitiveness are positively associated with changes in growth …

Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many … savings in Egypt follow the Life Cycle Model in the long term. Controlling for population growth, the analysis finds that the … maximizing private savings and financing growth in Egypt …

This paper examines causes and consequences of corruption within the process of economic development. It starts by … reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines …, the paper analyzes many of the institutional mechanisms that sustain corruption and the impact of corruption on …

corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro-growth …This essay first sets out the "business model" problems entailed by corruption and their effects as well as … implications for economic growth. Key issues are the need for secrecy and co-operation with partners in crime. Dealing with these …

a panel of countries from 1996 to 2010 indicates that a high degree of resource dependence, measured as the share of …

stability, and conflict risk; and third, to assess how prospective political transitions have implications for the World Bank …

-heavy trade structures and relatively poor quality of trade connectivity can hinder growth potential to the extent that they are … less conducive to technology and learning spillovers. Moreover, Latin America's domestic demand-driven growth pattern (a … reflection of relatively low domestic savings) may become an additional drag to growth by accentuating the risk of a low savings …

This paper offers the first evidence on the prevalence of a central actor in modern growth theory?the engineer. Using … countries with similar levels of income in 1900, but ten fold differences in engineering density diverged in their growth …