This book engages the question, hotly debated among theorists and policymakers alike, of how a developing country's pursuit of foreign direct investment (FDI) affects its development prospects in a globalized world. Can small latecomers to economic development use high-tech FDI to rapidly expand...

Decarbonizing road transport through electrification, public transport, and walking and biking can increase productivity and reduce expenses thanks to reduced traffic and energy efficiency gains. However, governments face losing fuel and vehicle tax revenue. We develop a method to assess options...

Life expectancy and income among the first countries to begin health transitions -- Which countries should be studied? -- A colonizer and the country colonized : Japan and Korea -- Very low income is not a barrier : Sri Lanka -- Two neighbors : Panama and Costa Rica -- Capitalism and communism,...

Introduction -- The costs and benefits of protecting creditor rights: theory and evidence / Atilano Jorge Padilla and Alejandro Requejo -- Information sharing in credit markets: theory and evidence / Tullio Jappelli and Marco Pagano -- The political economy of debt moratoria, bailouts and...