This article uses the database from the World Bank study, Bureaucrats in Business, to test the hypothesis central to the study and much more recent policy thinking that countries with large state sectors have a poorer than average economic performance. Two tests are conducted: one, a simple...

It is widely recognized that while high and sustained economic growth is critical for poverty reduction, there are other policy interventions that may also be significant in a ‘growth plus’ approach to poverty reduction. This volume brings together a series of case studies on the...

The contrast between industrial experience in East and South East Asia and Latin America is dramatic. Whilst a first generation of newly industrialized economies in East Asia grew rapidly on the basis of manufacturing expansion, the longer-established industries of Latin America have performed...

This paper examines current industrialization in the two regions from a comparative perspective.

This article examines the de-industrialisation hypothesis in the context of recent developments in Sub-Saharan Africa (SSA). Alternative versions of de-industrialisation are considered and a methodology for testing for such effects is put forward. This involves a cross-country analysis using a...

Attempts to incorporate the “new forms” of foreign investment into a unified model. Uses this simple model to show how differences in production environment in particular, are likely to affect both the timing and mode(s) that any foreign investment is likely to take. The explanatory...

Empirical investigation of the link between financial development and economic growth has established that finance exerts a significant and positive influence on growth. This paper extends this line of analysis by examining the contribution that financial development makes to poverty reduction...

Regulating Development examines the impact that regulation – good or bad – can have on the development of poorer societies. It opens with a succinct review of critical issues, including the implications of the spread of intellectual property rights legislation and the role of the...