International migration has profound implications for human welfare, and African governments have had only a limited influence on welfare outcomes, for good or ill. Improved efforts to manage migration will require information on the nature and impact of migratory patterns. This book seeks to...

This paper examines the influence of sovereign credit ratings and relative risk ratings on private capital flows to 26 emerging and frontier market economies, using quarterly data for 1998-2017. A dynamic panel regression model is used to estimate the relationship between ratings and capital...

Intro -- Contents -- Foreword -- Acknowledgments -- Acronyms and Abbreviations -- Overview -- 1. Shifting to New Sources of Growth -- 2. Missed Opportunities in Global Integration -- 3. Identifying the Barriers: Trade Policy, Investment Climate, and the Political Economy -- 4. Achieving the...

There has been much debate recently about the role of international development institutions, such as the World Bank in middle-income countries. Some observers have suggested that middle-income countries have reached a stage in their economic development that calls into question the rationale...