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  • Transitioning from low-income growth to high-income growth : is there a middle income trap ? (anglais)

    Is there a "middle income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7104 Date du document: 1 novembre 2014 Mode de publication: Disclosed Auteur: Bulman,David Janoff,Eden,Maya,Nguyen, Ha

  • Infrastructure, growth, and inequality : an overview (anglais)

    Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7034 Date du document: 1 septembre 2014 Mode de publication: Disclosed Auteur: Calderon,Cesar,Serven,Luis

  • Institutions and firms' return to innovation : evidence from the world bank enterprise survey (anglais)

    This paper poses a question: do firms in developing countries not innovate because they are unwilling to? The question moves away from the conventional focus on the obstacles (such as the lack of access...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6918 Date du document: 1 juin 2014 Mode de publication: Disclosed Auteur: Jaramillo Gutierrez,Patricio Alejandro,Nguyen, Ha

  • Growth, inequality, and social welfare : cross-country evidence (anglais)

    Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6842 Date du document: 1 avril 2014 Mode de publication: Disclosed Auteur: Dollar,David R.,Kleineberg,Tatjana Karina,Kraay,Aart C.

  • Do poverty traps exist ? (anglais)

    This paper reviews the empirical evidence on the existence of poverty traps, understood as self-reinforcing mechanisms through which poor individuals or countries remain poor. Poverty traps have captured...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6835 Date du document: 1 avril 2014 Mode de publication: Disclosed Auteur: Kraay,Aart C.,Mckenzie,David J.

  • Why don't poor countries do R&D ? (anglais)

    Using a global panel on research and development (R&D) expenditures, this paper documents that on average poor countries do far less R&D than rich as a share of GDP. This is arguably counter intuitive...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6811 Date du document: 1 mars 2014 Mode de publication: Disclosed Auteur: Goni Pacchioni,Edwin,Maloney,William F.

  • "Crowding in" and the returns to government investment in low-income countries (anglais)

    This paper estimates the effect of government investment on private investment in a sample of 39 low-income countries. Fluctuations in a predetermined component of disbursements on loans from official...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6781 Date du document: 1 février 2014 Mode de publication: Disclosed Auteur: Eden,Maya,Kraay,Aart C.

  • Growth still is good for the poor (anglais)

    Incomes in the poorest two quintiles on average increase at the same rate as overall average incomes. This is because, in a global dataset spanning 118 countries over the past four decades, changes in...

    Type de document: Numéro du rapport: WPS6568 Date du document: 1 août 2013 Mode de publication: Disclosed Auteur: Dollar,David R.,Kleineberg,Tatjana Karina,Kraay,Aart C.

  • Saving and growth in Sri Lanka (anglais)

    In the aftermath of its long-standing civil war, Sri Lanka is keen to reap the social and economic benefits of peace. Even in the middle of civil conflict, the country was able to grow at rates that surpassed...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6300 Date du document: 1 janvier 2013 Mode de publication: Disclosed Auteur: Hevia,Constantino,Loayza,Norman V.

  • Productivity and the welfare of nations (anglais)

    This paper shows that the welfare of a country's representative consumer can be measured using just two variables: current and future total factor productivity and the capital stock per capita. These variables...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6026 Date du document: 1 avril 2012 Mode de publication: Disclosed Auteur: Basu,Susanto,Pascali,Luigi,Schiantarelli,Fabio,Serven,Luis

  • Do middle classes bring institutional reforms ? (anglais)

    The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6015 Date du document: 1 mars 2012 Mode de publication: Disclosed Auteur: Loayza,Norman V.,Rigolini, Jamele,Llorente,Gonzalo

  • Is infrastructure capital productive ? a dynamic heterogeneous approach (anglais)

    This paper offers an empirical evaluation of the output contribution of infrastructure. Drawing from a large data set on infrastructure stocks covering 88 countries and spanning the years 1960-2000, and...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5682 Date du document: 1 juin 2011 Mode de publication: Disclosed Auteur: Calderon, Cesar,Moral Benito,Enrique,Serven,Luis

  • Fiscal policy and debt dynamics in developing countries (anglais)

    Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5666 Date du document: 1 mai 2011 Mode de publication: Disclosed Auteur: Ilzetzki,Ethan

  • How large is the government spending multiplier ? evidence from World Bank lending (anglais)

    This paper proposes a novel method of isolating fluctuations in public spending that are likely to be uncorrelated with contemporaneous macroeconomic shocks and can be used to estimate government spending...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5500 Date du document: 1 décembre 2010 Mode de publication: Disclosed Auteur: Kraay,Aart C.

  • Undervaluation through foreign reserve accumulation : static losses, dynamic gains (anglais)

    This paper shows that real exchange rate undervaluation through the accumulation of foreign reserves may improve welfare in economies with learning-by-investing externalities that arise disproportionately...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5250 Date du document: 1 mars 2010 Mode de publication: Disclosed Auteur: Korinek,Anton,Serven,Luis

  • Medium-term business cycles in developing countries (anglais)

    Empirical evidence - including the current global crisis - suggests that shocks from advanced countries often have a disproportionate effect on developing economies. Can this account for the fact that...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5146 Date du document: 1 décembre 2009 Mode de publication: Disclosed Auteur: Comin,Diego Adolfo,Loayza,Norman V.,Pasha, Farooq,Serven,Luis

  • Too poor to grow (anglais)

    Recent theoretical literature has suggested a variety of mechanisms through which poverty may deter growth and become self-perpetuating. A few papers have searched for empirical regularities consistent...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5012 Date du document: 1 août 2009 Mode de publication: Disclosed Auteur: Lopez,J. Humberto,Serven,Luis

  • Informality in Latin America and the Caribbean (anglais)

    This paper studies the causes and consequences of informality and applies the analysis to countries in Latin America and the Caribbean. It starts with a discussion on the definition and measures of informality...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4888 Date du document: 1 mars 2009 Mode de publication: Disclosed Auteur: Loayza,Norman V.,Serven,Luis,Sugawara,Naotaka

  • Determinants of economic growth : a bayesian panel data approach (anglais)

    Model uncertainty hampers consensus on the key determinants of economic growth. Some recent cross-country, cross-sectional analyses have employed Bayesian Model Averaging to address the issue of model...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4830 Date du document: 1 février 2009 Mode de publication: Disclosed Auteur: Moral Benito,Enrique