After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure...

"Many developing countries--Viet Nam included--continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...

Many developing countries - Viet Nam included - continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...

Cover -- Title Page -- Copyright -- Dedication -- Contents -- Preface -- Introduction: A Theory of Innovation, Flourishing, and Growth/ Edmund Phelps -- Overview of the Chapters/ Raicho Bojilov, Gylfi Zoega, and Hian Teck Hoon -- I. ESTIMATING INNOVATION-ACROSS TIME AND ACROSS NATIONS -- 1....

The pursuit of long-run economic growth in Africa : an overview of key challenges / Haroon Bhorat and Finn Tarp -- Ethiopia : an agrarian economy in transition / Yared Seid and Alemayehu Seyoum Taffesse -- Understanding Ghana's success growth story and job creation concerns / Ernest Aryeetey and...

Economists disagree on what ails the economies of continental western Europe, which are widely perceived to be underperforming in terms of productivity and other metrics. Is it some deficiency in their economic systemin economic institutions or cultural attitudes? Is it some effect of their...