ABCDE 2010 Global presents papers from a global gathering of the world’s leading development scholars and practitioners held June 22-24, 2009 in Seoul, Republic of Korea. Paper themes include: Industrial Policy and Development; Social Capital, Institutions, and Development; Financial Crisis...

The Annual World Bank Conference on Development Economics 2011: Development Challenges in a Post-crisis World (ABCDE) presents papers from a global gathering of the world?s leading development scholars and practitioners held May 31 - June 2, 2010. Paper themes include: Environmental Commons and...

We provide an explanation for multi-sourcing, which is often found in the real world and refers to the situation where a final goods producer acquires homogenous components from different suppliers. In the presence of imitation under outsourcing, multi-sourcing helps to deter entry by the...

The Annual World Bank Conference on Development Economics 2011: Development Challenges in a Post-crisis World (ABCDE) presents papers from a global gathering of the world's leading development scholars and practitioners held May 31 - June 2, 2010. Paper themes include: Environmental Commons and...

This chapter discusses two propositions: (1) institutions matter and (2) the determinants of institutions susceptible to the tools of economic analysis. Transaction costs include the direct costs of obtaining information, negotiating among the parties to an agreement, and communicating all...

While China has seen rapid economic growth over the last three decades, many studies document a negative correlation between traditional measurements of banking development and economic growth in China. Among many efforts to explain the low efficiency of Chinese banking sector, two arguments...

The Annual Bank Conference on Development Economics (ABCDE) is one of the best-known conferences for the presentation and discussion of new knowledge on development. It is an opportunity for many of the world's finest development thinkers to present their ideas. The papers in this volume were...