If the price effect of opening up a developing economy may be expected to act as a disincentive for investment in human capital, the opposite is likely to be true of the income effect, especially in the presence of credit market imperfections among the poor. It is shown in this paper that this...

This paper briefly reviews the main theories of state versus private ownership and empirical evidence on the impact of privatization in developing countries (including transition economies). The paper draws some lessons for policy and offers some suggestions on how to assess privatization, at...

Development is about fundamental change in economic structures, about the movement of resources out of agriculture to services and industry, about migration to cities and international movement of labor, and about transformation in trade and technology. Social inclusion and change-change in...

This paper briefly reviews the main theories of state versus private ownership and empirical evidence on the impact of privatization in developing countries (including transition economies). The paper draws some lessons for policy and offers some suggestions on how to assess privatization, at...

In many developing countries, achieving the Millennium Development Goals (MDGs) by 2015 will require significant increases in expenditures on social services and in foreign assistance. It will also require careful planning of the sector allocation and sequencing of public spending. Especially...

In many developing countries, achieving the Millennium Development Goals (MDGs) by 2015 will require significant increases in expenditures on social services and in foreign assistance. It will also require careful planning of the sector allocation and sequencing of public spending. Especially...

Intro -- Contents -- ABOUT THIS BOOK -- INTRODUCTION AND SUMMARY -- OPENING ADDRESS -- The Future of Development: The Next 10 Years -- KEYNOTE ADDRESSES -- Global Distribution and Redistribution: A Preliminary Review -- Markets, Capital Markets, and Globalization -- Behavioral Economics --...

Intro -- Contents -- ABOUT THIS BOOK -- INTRODUCTION -- OPENING ADDRESS -- KEYNOTE ADDRESSES -- Building Human Capital for Economic Development -- Opportunities for India in a Changing World -- Infrastructure Development in India: Emerging Challenges -- Fostering Entrepreneurship, Innovation,...

The Annual World Bank Conference on Development Economics (ABCDE) brings together the world's finest development thinkers to present their perspectives and ideas. In recent years, a parallel, second conference has been held in Europe with the same goal of expanding the flow of ideas between...

This edition of the Annual World Bank Conference on Development Economics presents selected papers from the ABCDE Meetings, held May 29-30, 2006, in Tokyo, Japan. This volume presents papers on Infrastructure for Growth - emerging issues; sustainable development and infrastructure - climate...