The emergence of a "second wave" of developing-country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. This paper documents how emerging markets' MNEs (EM-MNEs) may follow quite different patterns to reach, or at least approach,...

A sustainable pathway for Africa in the twenty-first century is laid out in the setting of the development of innovation capabilities and the capture of latecomer advantages. Africa has missed out on these possibilities in the twentieth century while seeing the East Asian countries advance....

While the evidence accumulates that many countries are fashioning aspects of green development to complement their black, fossil-fueled industries, the case for a wholesale adoption of green development strategies is seldom made. Instead, it is frequently assumed that green development can only...