This paper is about micro foundations of productivity and growth. There are several studies on productivity for advanced economies but relatively few for developing countries. Using data from the investment climate surveys of the World Bank, estimation results from 45 developing countries,...

An attempt is made here to report briefly on the new developments on nonlinear dynamics (NLD) and suggest some implications for economies. The theory of bifurcations, catastrophes and chaos can throw much needed light on innumerable economic phenomena. NLD may help in better understanding of a...

This report aims to show how macroeconomic policies create differential opportunities for women and men. This volume comprises nine chapters covering four broad themes: gender as a category of analysis in macroeconomics; the implications of gender for macroeconomic aggregates, in particular...

The book has been divided into five parts. Part one focuses on clarifying the basic concepts (that is, what are the appropriate goals of economic policy?), the challenges of low- and middle-income developing countries, and suggested frameworks for analysis. Part two moves from the macroeconomic...

This paper explores the relationship between external debt and poverty. A number of observers have argued that high external indebtedness is a major cause of poverty. Using the first-differenced general method of moments (GMM) estimator, the paper models the impact of external debt on poverty,...

This paper provides an overview of the period prior to the recent global crisis, and the policies that were adopted around the world in response to the crisis. It highlights a number of key issues regarding economic and financial policies that governments have faced both globally and nationally....

The report presents the findings of a survey of public officials in Guyana, whose views were sought in a wide range of civil service issues - from personnel management, to rewards, and disciplinary actions, and, from budget environment to corruption. Answers were used to test some prior...

Competitiveness is a broad subject with applications at the level of the firm, industry, region, nation, and global economy. Each one of these aspects has a rich literature drawn on by academics and policy makers over a long period. This book seeks to present a broad overview of the main ideas...