growth
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Africa faces a climate-conflict poverty trap. Growth is the best solution.
New projections highlight the feedback loop between lower growth and increased conflict risk in Africa under climate change.
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For most low-income countries, middle-income status looks far away—the right policies can bring it closer
Over the last fifteen years, the rate at which low-income countries are graduating to middle-income status has slowed markedly amid mounting headwinds. This trend presages more challenges ahead, but these countries also have considerable untapped pot...
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The impacts of expanding credit on firm entry and growth in Brazil
Economy-wide expansion of credit for SMEs in Brazil induced entry of more capable firms but did not change employment at the municipal level
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Political power-sharing, firm entry, and economic growth: Evidence from India
Politicians who share power impose checks and balances on each other, improving local governance and leading to better economic outcomes.
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Innovation versus imitation: Where all that Chinese R&D is going
The productivity of innovation could be enhanced by reducing distortions in the economy; increasing R&D expenditure is no guarantee of growth
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Human capital growth: An engine for structural transformation
Growth in human capital reduces agricultural labour supply, while in turn the expansion of non-agricultural sectors drives human capital growth
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Learning from the urban past
From infrastructure to institutional development, the histories of the world’s largest cities provide key lessons for those in developing economies
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How services drive the growth of emerging economies: Evidence from India
Service-led growth can be a viable development strategy for the developing world; however, its fruits might disproportionately benefit the rich
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Why does aid not target the poorest?
Ease of implementation might be a significant factor behind the flow of aid to richer parts of countries