Scholars, policymakers, aid donors, and aid recipients acknowledge the importance of good governance for development. This understanding has spurred an intense interest in more refined, nuanced, and policy-relevant indicators of governance. In this paper we review progress to date in the area of...

Human, natural, and physical capital assets are a country's main resources for growth and welfare improvements. Their distribution, growth and productivity largely determine people's income and welfare. The poor rely on human and natural capital in addition to physical capital, so the...

Sub-Saharan Africa (SSA) ranks lowest globally in respect of energy access rates. The resulting high energy poverty impedes sustainable economic growth and aggravates the overall poverty which is prevalent in SSA countries. A better understanding of the relationship between financial development...

The current investigation explained the dissemination of long-term share yields grounded on the historic record of share marketplace outcome in an extensive cross section of 39 developing and developed nations in time span from 1841 to 2021. Our wide-ranging data set sample mitigates...

This paper examines the long-run and short-run growth effects of financial institutions depth in Nepal along with the sensitivity to the choice of proxy representing financial depth. Using annual time-series data for the period from 1980 till 2019, obtained from Quarterly Economic Bulletins...

This paper illuminates how different developments in Ghana’s national education system are related to global transformations in international politics, such as the rise and fall of various forms of political and economic socialism as well as decolonization. It traces education policy in Ghana...

Why have only 13 developing world economies achieved sustained, high growth since World War II? Why is engagement with the global economy necessary to achieve high growth? Why do some countries' growth strategies fail to win the public's confidence? Why are equity and equality of opportunity...

Urban and regional planners, elected officials, and other decisionmakers are increasingly focused on what makes places livable. Access to the arts inevitably appears high on that list, but knowledge about how culture and the arts can act as a tool of economic development is sadly lacking. This...