Forty billion dollars of official development assistance during 1991-2012 reduced Ethiopian absolute poverty while underwriting more efficient but exclusionary public institutions. This aid-institutions paradox reflects a strong interest-alignment between

Why have some mono-parties in emerging market economies (such as Taiwan’s KMT and Ethiopia’s EPRDF) established formidable business empires while powerful ruling parties in socialist economies invariably decried them? The phenomenon of party-owned business (Parbus), much like...

Using a model that admits variable returns and imperfect competition, we investigate the impact on total factor productivity of trade liberalization in six emerging economies. Regressions based on panel data for 28 three-digit manufacturing industries show that productivity growth is insensitive...

Raised by school-teacher parents in the Caribbean island of St. Lucia and educated in St. Mary’s College there—a school that also produced poet Derek Walcott, the other Nobel Laureate of St. Lucia—Lewis began his studies and career at the London School of Economics (LSE). He subsequently...

Ruling party-owned conglomerates (Parbus) are emerging in some post-conflict African economies following state capture by ethnic parties. We offer an analytical framework, buttressed by four country case studies of 'developmental ethnocracies' in Africa and Asia to identify when Parbus dominance...

Cover -- Title -- Copyright -- Dedication -- CONTENTS -- List of figures -- List of tables -- List of boxes -- List of acronyms -- Preface -- Acknowledgments -- Introduction -- PART I Industrialization and growth -- 1 Growth, structural transformation, and industrialization -- 2...

We use the NLS-72 and ELS:2002 data sets to evaluate changes in the college matching process. Rising attendance rates at four-year institutions have not decreased average preparedness of college goers or of college graduates, and further attendance gains are possible before diminishing returns...

State policies resulting from the tax revolt of the late 1970s play an important role in determining the timing and magnitude of the decline in state tax effort for higher education. An understanding of the fiscal environment caused by these provisions is critical for the future of...