En 2013, la Chine est devenue la première puissance commerciale du monde. La progression des échanges extérieurs du pays continue à être plus rapide que celle du commerce international, mais ses ressorts sont différents de ceux qui prévalaient avant la crise globale. La participation de...

Urbanization usually occurs with structural transformation driven by a "push" from agricultural productivity growth and a "pull" from industrial productivity growth, and usually the former exceeds the latter. This paper presents a simple model to illustrate how the open policy in the People's...

Urbanization usually occurs with structural transformation driven by a "push" from agricultural productivity growth and a "pull" from industrial productivity growth, and usually the former exceeds the latter. This paper presents a simple model to illustrate how the open policy in the People's...

India has witnessed a series of policy reforms since 1991, which aimed to increase productivity of the manufacturing sector. Did these reforms increase productivity in manufacturing plants? We address this question using rich data from the Annual Survey of Industries in India spanning three...

This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...

This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...

Spanish Abstract: Este capítulo presenta las virtudes, requerimientos, vigencia y potencialidades de una política de desarrollo industrial para Colombia. Inicialmente se señalan los pasos necesarios para implementar una política de desarrollo industrial exitosa. Expone este trabajo, además,...

Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...

Korean Abstract: 글로벌 금융위기 이후 해외수요 위축으로 종래 제조업-수출 위주의 성장전략이 한계를 나타냄에 따라 수출-내수간 균형성장과 새로운 성장동력 발굴을 위한 대안으로서 서비스 산업 육성의 필요성이 제기되고...

We study the demand for government participation in China’s venture capital and private equity market. We conduct a large-scale, non-deceptive field experiment in collaboration with the leading industry service provider, through which we survey both sides of the market: the capital investors...