Economic transformation is a continuous, long-term process of shifting labour and other resources from lower- to higher-productivity activities both within and between sectors, to facilitate aggregate labour productivity growth over a sustained period and result in more diversified and complex...

Development finance institutions (DFIs) have a positive role to play in supporting economic growth and job creation through the mobilisation of private investment in developing countries. There is growing evidence of their contributions towards the Sustainable Developments Goals (SDGs), in...

The resilience of developing Asia since the global financial crisis, on top of its historic economic success, has sparked interest in understanding its future. The region is diverse, with sub-regions and countries of varying population size, geography and economic dynamism as well as different...

This paper uses data on individual earnings in manufacturing industry for five African countries in the early 1990s to test whether firms located in the capital city pay higher earnings than do firms located elsewhere, and whether such benefits accrue to all or only certain types of workers....