Stern, Nicholas H.; Lankes, Hans-Peter - In: EIB papers 3 (1998) 2, pp. 102-114
Since the World Bank and the International Monetary Fund were launched at Bretton Woods more than 50 years ago, and the … regional development banks in subsequent decades, the world economy has changed in important respects. In considering the role … result, world real interest rates have increased markedly. Second, the poor performance of statist models of development has …