For many years corporate lenders have been a crucial force in the boardroom, providing a check on management and contributing to firm governance. However, lenders’ influence has receded in recent years for a large and important class of corporate borrowers. The culprit is a familiar one in a...

In recognizing that women's participation and gender equity is a precondition for the achievement of acceptable development outcomes, extractives industry companies are increasingly making public commitments to integrating gender equality, inclusion, and women's economic empowerment into aspects...

Outsourcing has become a contentious political issue in the US and other rich countries from where jobs are being outsourced.much of the controversy over outsourcing in the USA is directly linked to the jobs scenario. Does the January 23 Bill mean that America is moving a step away from free...

One of the most frequent critiques of the HDI is that is does not take into account inequality within countries in its three dimensions. In this paper, we apply a simply approach to compute the three components and the overall HDI for quintiles of the income distribution. This allows a...

In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing institutionally driven heterogeneities in the development effects of macroeconomic policies and on comparing the development process as measured by GDP to that measured by the Human...

This paper explores the links between economic growth and human development, identifying two chains, one from economic growth to human development, the other, from human development to economic growth. The importance of various links in each chain are explored empirically with the help of...

One of the most frequent critiques of the HDI is that it does not take into account inequality within countries in its three dimensions. We use a simple approach, which allows to compute the three components and the overall HDI for quintiles of the income distribution. This allows to compare the...

The concept of convergence is extended to the human development index. Evidence of weak absolute convergence is found over 1975-2002. The results are robust and verified by various conditional -convergence models and also supported by the evidence of weak -convergence. Population weighted...

Migration continues to be a very important income diversification strategy, especially for poor populations in developing countries. However, while there has been much analysis on the economic consequences of migration for migrants and the receiving regions, whether internal migration improves...