The Indian electricity sector offers the possibility for efficiency improvements across power generation, transmission and end-use of electricity. Three specific climate co-benefit policy options are identified which have significant potential to mitigate CO₂ emissions in the Indian power...

Forecasts of energy demand, the fuel mix meeting that demand and the associated emissions are a key requirement for informed energy planning and policy decisions to ensure energy security and address climate change. While there have been many studies on China focusing on the short and medium...

The recent recovery in Latin America has been impressive but also raises the question whether this represents a fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and financial crisis over the past century has adversely...

This study examines external and domestic influences on Latin America’s economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external...

This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the conditions that favored capital accumulation and productivity growth in the faster...

The initial phase of reforms in the Indian power sector was primarily aimed at bringing regulatory reforms and unbundling of the vertically integrated State Electricity Boards (SEBs). Enactment of the Electricity Act 2003 led to deepening of the reform process by dismantling this monopoly in the...

This paper reviews the growth experience of the fast growing countries of Asia, with focus on SEACEN countries. It surveys empirical evidence on growth and examines its links in economic policies.

This paper reviews the historical perspective of the origins of the debt crisis, as well as evaluates the current status of the debt strategy and the prospect for its future evolution.

Worldwide protests against the perceived lack of economic opportunity and failure of governance have refocused attention on the need for inclusive growth and strong institutions. In developing countries, large informal economies limit state capacity to deliver governance and strong institutions,...