Ideas to action: independent research for global prosperity
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BRIEFS
August 19, 2016
Many developing countries have made progress in political openness and economic management but still struggle to attract private sector investments. Potential investors to these countries have many concerns that can broadly be classified into high costs and high actual or perceived risks. Drawing on...
Blog Post
November 25, 2014
Countries have traditionally invested their sovereign wealth in securities of major markets able to provide dependable returns and macroeconomic stability, but some are now investing more sovereign wealth domestically because of diminished returns in major markets and new investment opportunities at...
WORKING PAPERS
August 07, 2013
In this paper we examine how policymakers and practitioners should interpret the impact evaluation literature when presented with conflicting experimental and non-experimental estimates of the same intervention across varying contexts. We show three things. First, as is well known, non-experimental ...
WORKING PAPERS
March 14, 2012
The authors find that the value of discovered reserves is high relative to the costs of exploration and that many countries can continue to generate resource rents far longer than indicated by current reserve estimates. In some cases, public measures to encourage private exploration may be justified...
WORKING PAPERS
July 11, 2005
This paper ties together the macroeconomic and microeconomic evidence on the competitiveness of African manufacturing sectors. The conceptual framework is based on the newer theories that see the evolution of comparative advantage as influenced by the business climate—a key public good—and by extern...