In relation to the concept of governance as defined by the World Bank, this article reviews the mistakes and lessons learned from Nigeria's attempt at economic development over the final three or four decades of the 20th century. Special attention is given to the adverse impact of the several...

We employ the “social conditions of innovative enterprise” framework to analyze the key determinants of China’s development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human capabilities and physical infrastructure provided...

This paper presents a few of the latest statistics on income poverty, growth, and inequality, and makes a case about the need not only to monitor current poverty, but also to reduce future poverty. An assessment of the trends in household vulnerability to income poverty is made for the years...