A new generation of policies can trace the path from wealth to inclusion. Building on its urban and youthful population, Equatorial Guinea can shift from a model of extraction to one of prosperity. This report—the World Bank's first Poverty and Equity Assessment for Equatorial...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

This introduction grounds the middle-income (MI) trap by looking at the empirical realities of firms, sectors, national, and subnational institutions embedded in global value chains (GVCs). While MI-trap scholarship has shed light on macro-structural constraints, it often overlooks international...

This chapter presents a tractable framework for the study of technology adoption and diffusion in the context of economic development. Firms in countries behind the world technology frontier can rapidly adopt new techniques from the world frontier. Lower absorptive capacity (because of weak...

This paper investigates the relationship between (internal) armed conflict and sustainable development. Using annual panel data on 192 countries from 2000 to 2024, we employ a variety of econometric techniques to trace the impulse responses between conflict fatalities and Sustainable Development...

This study analyzes how Entrepreneurship Education Programs (EEPs) are discussed in the scientific literature, focusing on their relationship with social entrepreneurship, socioeconomic inclusion, sustainable development, and economic growth. The study adopts a narrative literature review with...

The Global Gateway is considered a key instrument of EU development cooperation. Introduced in 2021, it was announced as a 'win-win' strategy for both, the EU's competitiveness agenda and developing countries' strive for sustainable development. The Global Gateway epitomises the current shifts...

Since the late 1980s, extreme poverty has declined sharply, life expectancy and schooling have increased, and electoral democracy has expanded. However poverty reduction has slowed in recent years, particularly following the COVID-19 pandemic, amid intensifying conflict, fragility, climate...

We provide new evidence on the effect of minority elected state representatives on economic development and schooling in India. Using data on candidates in all state assembly elections from 1974 to 2017, we exploit two discontinuities in the reservation of constituencies for Scheduled Castes...

This paper examines the challenges that African governments are grappling with as part of a renewed international effort to expand electricity access. It shows how the crux of the challenge is twofold: one, to enable poor people to make productive use of electricity to raise their incomes and...

Amidst slower global growth, a shifting labor market, and rising protectionism, governments around the world are increasingly turning to a once controversial policy. Industrial policy—the range of policy tools governments use to shape what an economy produces, rather than leaving it to markets...

The influence of political stability on financial crime remains a subject of ongoing debate. While stability is often associated with policy continuity, regulatory credibility, and more effective enforcement, an alternative view suggests that unstable democracies may outperform stable...

This paper investigates the relationship between (internal) armed conflict and sustainable development. Using annual panel data on 192 countries from 2000 to 2024, we employ a variety of econometric techniques to trace the impulse responses between conflict fatalities and Sustainable Development...

Although Micro, Small and Medium Enterprises (MSMEs) are the backbone of economic activity and inclusive growth in Indonesia, and recent data from Jambi Province reveal a disconnect between robust post-pandemic recovery and meaningful poverty reduction. While regional GDP climbed from 0.99% to...

The weaponization of agricultural trade has once again emerged as critical in the study of modern geopolitics due to Russia's full-scale invasion of Ukraine. Although Russia has used its wheat exports as a means of enhancing its geopolitical influence over countries in the Global South, evidence...

Gender equality is associated with economic growth and resilience, yet various factors, including climate change, may stall progress toward equal rights for men and women. This paper analyzes historical temperature and precipitation fluctuations within countries to assess their effect on legal...

Low investments in human development (HD) are both a cause and a consequence of economic performance and income growth. Thriving populations in knowledge societies are skilled, mobile, healthy, and connected. However, in most countries in the Middle East and North Africa (MENA) region, human...

This paper explores how the three megatrends will affect the people of MENA and how, through emerging Human Development (HD) policies, the region can shape these trends and harness new opportunities while managing the risks. It first delves into the impacts of aging, climate change, and...

Artificial intelligence (AI) is a key driver of the energy transition and sustainable economic development. However, the specific mechanisms through which AI adoption impacts renewable energy production versus consumption remain poorly understood. This study addresses this research gap by...

There is a prevailing belief that international law can be harnessed to prevent international problems. However, international law is an intrinsic part of the current state of the capitalist world system. This issue is often overlooked in the dominant discourse. Yet, the international law,...

The rise of the middle classes in the Global South plays a key role in global development arguments characterized by "converging divergence," where there are decreasing inequalities between countries and increasing inequalities within countries. The concept of the middle class in the social...

Global development debate, which challenges the traditional North-South divide and focuses on the within-country or micro-level development perspective, argues that there is gender inequality in development within countries or at the micro level. It has brought a new dimension to the argument on...

The goal of economic development is to raise standards of living in LDCs, to be achieved by accumulating both human and non-human capital so as to maximize production net of the cost of these investments. An LDC economy is modelled with two sectors, modern and traditional, each of which uses its...