How do the number of trade partners and the concentration of trade among partners affect the economic growth of a country? We refer to these characteristics as the structure of trade, and explore this question empirically in this study. We find that the structure of trade, independently of the...

The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented to analyze the evolution of...

The rise and fall of the Soviet Union and the communist empire was one of the distinguishing events of the twentieth century. The 21 countries that made up the Warsaw Pact simultaneously made a transition from Communism to more market-based economic systems. These countries all shared a common...

The World Bank (WB) was found in accordance with the Bretton Woods agreement in 1944 with the mission of assisting post war reconstruction and alleviating poverty. The WB is an international institution that aims to expand development through the allocation of loans in developing countries with...

This is the 2007 Edition of the only book in print in the world about the Single Global Currency, and is the only book in the world priced in 143 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192 U.N. members to...

Researchers have linked sub-Saharan Africa's (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies linkages between gender, economic development,...

This paper puts sub-Saharan Africa's economic development into perspective. While much did not go as hoped for at independence, much of the region has been on a more promising development trajectory since the mid-1990s, as we illustrate using growth, poverty, and human development indicators. We...

Abstract This paper provides a critical analysis of the World Bank’s new thinking on industrial policy. After outlining the changing perspectives on industrial policy put forward by the World Bank over the last three decades, we argue that the bank’s economists have taken one step forward...

During the early nineteen sixties, Albert Hirschman negotiated with the International Bank of Reconstruction and Development, part of the World Bank group, the financial support that he needed for an extended visit to several WB development projects scattered throughout the poor areas of the...

This contribution examines how gender equality features in the World Bank's World Development Report 2006: Equity and Development, focusing on its conceptual framework, use of empirical evidence, and policy recommendations. It concludes that despite acknowledging that liberalization and...