China's General Agreement on Trade in Services (GATS) commitments represent the most radical services reform program negotiated in the World Trade Organization. China has promised to eliminate over the next few years most restrictions on foreign entry and ownership, as well as most forms of...

The technological dependency of securities exchanges on internet-based (IP) platforms has dramatically increased the industry's exposure to reputation, market, and operational risks. In addition, the convergence of several innovations in the market are adding stress to these systems. These...

In this paper the authors provide an analysis of the process of creative destruction across 24 countries and 2-digit industries over the past decade. They rely on a newly assembled dataset that draws from different micro data sources (business registers, census, or representative enterprise...

Community-driven development boasts many islands of success, but these have not scaled up to cover entire countries. Binswanger and Aiyar examine the possible obstacles to scaling up, and possible solutions. They consider the theoretical case for community-driven development and case studies of...

This paper contains abstracts of Policy, Research Working Paper series Numbers 2458 - 2498.

The task of urban managers is to ensure the provision of basic urban services, such as water, waste removal, security, transport, and an environment conducive to economic activity, while maintaining fiscal sustainability of city operations. City managers in developing countries face increasing...

This paper examines one type of program that is used by many OECD and CEEC countries (Central and Eastern European countries) to ease the pain of structural adjustment and create jobs, namely Public Service Employment (PSE). Such programs are characterized by the employment of unemployed...

In this paper, the authors provide an overview of the recent international experience with active labor market programs (ALMPs). Basing the evidence on the growing body of program evaluations, it focuses on the impacts of ALMPs on the subsequent employment and earnings of participants. This...

The study debates on active labor market programs (ALMPs) as a valuable employment policy tool intended to increase the quality of labor supply, and demand, versus the disincentive, and dependent passive measures in combating unemployment. While ALMPs have been implemented to varying degrees in...

This paper looks at Singapore's efforts to transform the economic growth base from one that is predominantly efficiency-driven to one that is more innovation-driven. To accelerate the transition process, the government is aggressively investing in"innovation infrastructure"-systems and...