I consider the implications of recent research for R&D policy in developing countries. Typical new growth models, which assume free entry and no strategic behaviour by R&D producers, are less appropriate for policy guidance than strategic oligopoly models. But the latter have ambiguous...

The purpose of this paper is to examine small businesses in Sri Lanka, to determine the management implications, and to discuss its relevance to the current public policy stance. Although there has been a considerable attempt to examine the nature and problems of small businesses in developed...

This collection of papers on different aspects and examples of participatory development represents some of the many outputs from a recent Bankwide learning process on participatory development. The concept of participation is defined as "a process through which stakeholders influence and share...

During the 1980s, the correction of external imbalances in developing countries was, for the most part, accompanied by large cuts in investment rather than increases in domestic savings. Lower levels of investment were accompanied by lower growth rates. Many heavily indebted and other...

A number of East Asian and Latin American countries have beeen the recipients of a large portion of total international capital flows to developing countries, both in the late seventies/early eighties and in the early nineties. These inflows have financed persistent current account imbalances,...

The study reported here concentrates on a particular form of international corporate entry into developing countries : cross-border joint ventures (JVs). Although offering a variety of positive incentives, ranging in principle from the reduction of financial exposure to the acquisition of...

In 1995, private investment in developing countries continued its 10 year upward trand. This trend reflects the increasing role played by market forces in developing countries.

Intergovernmental transfers from the central level are an important source of revenue for most subnational governments in developing countries. This importance is likely to grow even further taking into account the ongoing decentralization initiatives in Latin America and elsewhere.

Given the growing importance of retrospective surveys, researchers need tonot only be sensitive to the quality of the underlying data but are likely to benefit from investments in better understanding the extent and nature of biases inherent in these sources. This paper is the product of such an...

An effective legal and regulatory framework is essential in order to attract private investment into the telecommunications sector of most transitional and developing (TDCs) and to ensure that the TDC has the best chance of achieving the benefits for the country as a whole that flow from a...