"This book contributes to the emerging global discourse on sustainable entrepreneurship by highlighting its transformative potential to harmonize economic growth with environmental sustainability. It emphasizes the role of innovative, sustainability-driven entrepreneurs in reshaping production...

This paper calls for a comprehensive, development-focused review of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) under Article 71.1, a process that has been mandated but never carried out. It critiques the narrow, compliance-driven approach favored by...

This paper provides the first quantitative analysis of optimal patent policy in trading economies. We develop a new framework that combines trade and growth theory into a tractable quantitative model, which we estimate to match patent and trade data. Counterfactual analysis yields three main...

Using a cross-section of more than 33,000 services firms in 104 low- and middle-income countries from the World Bank's Enterprise Surveys, this paper examines whether the female labor share premium of international firms relative to non-international firms in manufacturing also holds for...

While the importance of export diversification is emphasized in development patterns, the gender issues in this process are rarely covered. This paper empirically assesses the contribution of women's sectoral employment to the export diversification process, using a panel model of 125 developing...

Extreme heat is reshaping life in cities. For millions of people, especially in fast-growing urban areas of the Global South, higher temperatures are making it harder to earn a living, attend school, access healthcare, or move safely throughout the day. Extreme urban heat and lack of sustainable...

This World Bank report highlights the benefits of investing in resilient urban sanitation systems for people, economic growth, and the planet. The report presents a suite of policy, institutional, regulatory, and financing (PIRF) recommendations, and outlines actions that cities and countries...

This joint World Bank and UNHCR report is developed in response to the United Nation (UN) omnibus resolution to coordinate an effort to measure the impact arising from hosting, protecting and assisting refugees. Following this resolution UNHCR, with assistance from the World Bank, led a...

Growing geopolitical risks (GPR) and tensions affecting economic performance can significantly influence sustainable development outcomes. However, previous studies do not address whether GPR hinders sustainable development, assessed through a unique sustainable development metric, the load...

The aim of the article is to show that although most countries in the Global South have been able to reduce absolute poverty, with a few exceptions they have not succeeded in catching up with the countries of the Global North. The conclusion of the article is that, especially after the...

As financial globalization continues to evolve, it has played a pivotal role in the development of financial sectors in developing countries, enhancing efficiency and fostering competition. However, this trend has also raised concerns regarding its socio-economic impacts, particularly in...

This study attempts to investigate the historical and economic narratives, highlighting missed points in the comprehension of globalization and the effects on present-day labor markets in developing countries - India and Nigeria, between 1990 and 2023. The study fills a noticeable gap in the...

Digitalization plays a critical role in economic development and ensuring social equity. The advancement of digitalization is expected to expand economic opportunities for previously underserved populations, thereby narrowing income disparities. However, it may also exacerbate inequality due to...

Research shows that foreign asset expropriation narrows long-term bond spreads, resulting in lower borrowing costs. However, no empirical studies have investigated the effects of expropriation on sovereign bond ratings. Bondholders and sovereign bond issuers track ratings by credit rating...

Given the increasing global interest in the transition to green energy sources in developing countries that have financial constraints, this study examines the influence of foreign finance on the production and consumption of renewable energy (RE). The study also explores whether globalization...

Climate change impacts are intensifying worldwide, with the harshest consequences borne by vulnerable developing countries that face high exposure and limited capacity to adapt. Although international agreements commit wealthy donor countries to provide adaptation finance, actual transfers...

The goal of economic development is to raise standards of living in LDCs, to be achieved by accumulating both human and non-human capital so as to maximize production net of the cost of these investments. An LDC economy is modelled with two sectors, modern and traditional, each of which uses its...

The 2011-2020 period is the final stage of poverty alleviation in China, which emphasizes regional development. Using county-level panel data from 2006 to 2015, we explore the impact of regional poverty alleviation policy on economic growth of contiguous destitute areas (CDAs) in China. The...

Entrepreneurship plays a significant role in the economic development of emerging economies, particularly by addressing persistent issues such as youth unemployment and growth challenges. Developing nations perceive their startup ecosystems as critical engines of economic progress. Policymakers...

This study presents a bibliometric and thematic analysis of economic convergence analysis from 1982 to 2025, based on a corpus of 2924 Scopus-indexed articles. Using VOSviewer and the bibliometrix R package, this research maps the field's intellectual structure, identifying five main thematic...

This study investigated the impact of corruption on the persistence of informality across countries, offering new insights into the institutional dynamics that sustain informal economic activities. Drawing on firm-level data from World Bank Enterprise Surveys covering 159 countries, the analysis...

The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and extend some recent developments in the theoretical literature at the nexus of organizational and industrial economics,...