Despite widespread agreement among economists that labor-intensive manufacturing has contributed mightily to rapid development in China and other fast-growing economies, most developing countries have had little success in raising the share of manufacturing in production, employment, or exports....

A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues to grows, there will be a greater cross-fertilization of experiences. Total factor productivity...

Using data collected during several missions, the author finds that the principal reasons for low revenue mobilization are (1) the adverse fiscal impact of trade liberalization, (2) the defiscalization of agriculture in the 1970s, (3) the collapse of the uranium boom in the 1980s, and (4) the...

The author estimates the degree of misalignment of the CFA franc since the introduction of the euro in 1999. Using a relative purchasing power parity-based methodology, he develops a monthly panel time series dataset for both the Economic and Monetary Community of Central Africa (CEMAC) zone and...

Gabon is currently one of the richest countries in Sub-Saharan Africa, having a GDP per capita of close to $4,000, and is characterized by a stable political climate and rich forestry and mineral resources, as well as a small population. Oil is the key economic sector, accounting for half of GDP...

China’s economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan Africa. Trade between China and Africa in 2006 totaled more than $50 billion, with...

China’s economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan Africa. Trade between China and Africa in 2006 totaled more than $50 billion, with...

To support the Government of Uttar Pradesh's agricultural transformation, the UP Accelerator PRAGATI (Program for Agriculture Trans-formation and Increased Incomes) was launched by the UP Multi-Stakeholder Platform, supported by 2030 WRG. UP Accelerator PRAGATI aims to transform agricultural...

To achieve their national and international education goals, many countries need to invest more and better in their education systems. During the last decade, total education spending by governments, households, and donors globally has increased steadily, but this has not led to significant...

Water poses significant risks to global corporations in three areas: Direct operational and supply chain risks, market and reputational risks, and regulatory risks. The 2030 Water Resources Group (WRG), a partnership platform managed by the World Bank, believes it is in companies' business...