These articles, initially presented at the Annual World Bank Conference on Development Economics, held April 25-26, 1996, address four themes:banking failures as crises or opportunities for reform; reducing poverty through targeted programs and rural finance; legal systems and economic...

The Annual World Bank Conference on Development Economics provides a forum for debate and the exchange of ideas and information between World Bank staff and development researchers and practitioners from around the world. The 1995 conference addresses four themes: (1) where we stand on...

This report is the fourteenth in an annual series assessing major development issues. This report synthesizes and interprets the lessons of more than forty years of development experience. Together with last year's report on poverty and next year's on the environment, it seeks to provide a...

"This volume proposes an alternative development paradigm to the existing capitalist extant one, and studies how it is distinctly different from the older system. Rooted in the principles of solidarity between humans, as well as between humans and nature, this alternative paradigm replaces the...

"The fifth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. It has been extensively revised throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical...

What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...

The book challenges the conventional wisdom on the determinants of economic performance and provides an alternative vision of the functioning of an economic system. The author provides a structured survey which critically evaluates the theory and evidence of neoclassical approaches to growth and...