This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...

This paper is an analysis of the factors that determine the performance of Brazil electric energy contradictory policies. The irregular path followed by one of the largest national oil companies in the world, is a case study of high convenience. We analyze the increase and decrease of production...

This paper explores the effects of innovation efficiency on technology gap and product diversity between a leading firm and its competitor. Our analysis shows some interesting results: when innovation efficiency is sufficiently large and increases, the leading firm may expand technology gap, and...