This study addresses the measurement of two composite Lisbon strategy indices that quantifies the level and patterns of development for ranking countries. The first index is nonparametric labelled as Lisbon strategy index (LSI). It is composed of six components: general economics, employment,...

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent alternative models of implementing development policies,...

In the late 1960s and early 1970s Sub-Saharan Africa experienced an unprecedented economic crisis shutting the exhilarating expectations of economic stability and development associated with independence. In response to the African abysmal economic decline, the Structural Adjustment Programme...

This report, initiated at the request of His Excellency President Alassane Ouattara to Hafez M. H. Ghanem, the World Bank Group Regional Vice President for Eastern and Southern Africa, is the first country application of the new regional strategy, Supporting Africa's Transformation. Albert...

The devastating impact of the Covid-19 pandemic on the Cambodian economy-where the growth slowdown was among the most pronounced in the East Asia and Pacific (EAP) region-lies in the country's growth generating process. Recent growth has been remarkable, but insufficiently diversified in...

This paper offers a theoretical basis for the concept of rebalancing and applies it to China, where it is currently a topical issue. Rebalancing here means the correction of economic and social imbalances built up during industrialization. This correction is accompanied by a structural...