There is relatively little literature that analyses the role, functions, and organization of finance ministries. The purpose of this working paper is to review international experiences in this area, in an effort to formulate guiding principles of organizational design and the allocation of...

In 1960, there were 101 middle-income countries. By 2008, only thirteen of these had become high-income countries. Why do so many middle-income countries fail to develop after a promising start, becoming mired in the so-called middle-income trap? This interdisciplinary volume addresses the...

Renewable energy can play a vital role in sustainable energy future and to address the climate change. Investment in renewable energy in the upper middle-income countries (UMIC), a major contributor to global carbon dioxide (CO2) emissions, can be an important part of recovery from climate...