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Amin, Mohammad; Djankov, Simeon - Economics Research, World Bank Group - 2009

The authors use a sample of 133 countries to investigate the link between the abundance of natural resources and micro-economic reforms. Previous studies suggest that natural resource abundance gives rise to governments that are less accountable to the public and states that are oligarchic, and...

Persistent link: https://www.econbiz.de/10005080009

Cross-country studies of growth and policy : methodological, conceptual, and statistical problems

Levine, Ross; Renelt, David - Economics Research, World Bank Group - 1991

This paper reviews the conceptual, methodological, and statistical problems associated with drawing inferences from cross-country regressions. The authors elaborate on the particular problems associated with empirical attempts to link particular policies with long-run growth. They hope to...

Persistent link: https://www.econbiz.de/10005080062

Openness can be good for growth : the role of policy complementarities

Chang, Roberto; Kaltani, Linda; Loayza, Norman - Economics Research, World Bank Group - 2005

The authors study how the effect of trade openness on economic growth depends on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where output gains after trade liberalization depend on the degree...

Persistent link: https://www.econbiz.de/10005080075

Do middle classes bring institutional reforms ?

Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - Economics Research, World Bank Group - 2012

poverty, lower inequality or higher gross domestic product per capita. That may be linked to the evolution of the middle class …

Persistent link: https://www.econbiz.de/10010539079

Avoiding the fragility trap in Africa

Andrimihaja, Noro Aina; Cinyabuguma, Matthias; … - Economics Research, World Bank Group - 2011

Not only do Africa's fragile states grow more slowly than non-fragile states, but they seem to be caught in a"fragility trap". For instance, the probability that a fragile state in 2001 was still fragile in 2009 was 0.95. This paper presents an economic model where three features -- political...

Persistent link: https://www.econbiz.de/10009365879

The growth report and new structural economics

Lin, Justin Yifu; Monga, Celestin - Economics Research, World Bank Group - 2010

Despite its heavy human, financial, and economic cost, the recent global recession provides a unique opportunity to reflect on the knowledge from several decades of growth research, draw policy lessons from the experience of successful countries, and explore new approaches going forward. In an...

Persistent link: https://www.econbiz.de/10008508339

How financial markets affect long run growth : a cross country study

Ghani, Ejaz - Economics Research, World Bank Group - 1992

Empirical studies on new growth theory have tended to ignore financial policy's role in development. The author provides evidence that the initial level of financial development is positively associated with a country's later GDP growth rate, after controlling for the effect of the starting...

Persistent link: https://www.econbiz.de/10005128506

Thailand's growth path : from recovery to prosperity

Richter, Kaspar - Economics Research, World Bank Group - 2006

Thailand is one of the most successful developing countries. After decades of rapid growth, the economy rebounded quickly from the 1997-98 Asian crisis and is set to continue its expansion into the future. Nevertheless, there are doubts about the resilience of the Thai economy. The country...

Persistent link: https://www.econbiz.de/10005128577

Globalization, poverty, and inequality since 1980

Dollar, David - Economics Research, World Bank Group - 2004

One of the most contentious issues of globalization is the effect of global economic integration on inequality and … developing world population living on less than $1 per day was cut in half since 1981. Trend #3: Global inequality (among … citizens of the world) has declined - modestly -- reversing a 200-year-old trend toward higher inequality. Trend #4: There is …

Persistent link: https://www.econbiz.de/10005128595

Reform, growth, and poverty in Vietnam

Dollar, David - Economics Research, World Bank Group - 2002

Vietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization, the introduction of positive real interest rates,...

Persistent link: https://www.econbiz.de/10005128625