1 Introduction -- 2 Africa's Least Developed Countries: Missed opportunities -- 3 Asia's Least Developed Countries: Policy Lessons -- 4 Central Asia: Three decades after the economic transition -- 5 The Pacific: Development challenges of small island states -- 6 Path dependence and policy as...

Since the threshold of the 21st century, the issue of productivity began to occupy a central role in economic debate. From that point, many studies concerning the Brazilian economy have been made, and the unanimous conclusion was that the country has been unable to increase the average...

How can industrial policies lead to bank distress? In the 1890s, when undergoing rapid state-led industrialisation, the Russian Empire grew by foreign capital inflows into national debt and by state procurement of industrial output. Concurrently, state policies incentivised, but did not compel,...