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...

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...

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.

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...

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...

The article examines the contribution of financial development to poverty reduction in developing countries. Building on earlier research which has established links between financial development and economic growth, and between economic growth and poverty reduction, the article tests for a...