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Publications (39)
Working Paper
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This paper provides a synthesis of the country cases in the Middle East and North Africa: Oman, Bahrain, Tunisia, and the United Arab Emirates. Although these countries differ in terms of resource endowments and economic evolution, they share common aspects of successful development. This chapter...
Working Paper
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– Polish Transformation and Economic Development, 1989-2008
Progress in achieving institutional changes should be evaluated through the prism of their influence on the development abilities of the relevant country. In Poland, during 20 years of comprehensive systemic shift, GDP increased more than in any other postsocialist country. To judge the...
Working Paper
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– Strategies and Lessons from the Developing World
This paper provides a synthesis of successful strategies and implied lessons for development success, employing at least six themes on in-depth case studies of a large number of developing countries around the world. The coverage includes East Asia and the Pacific (South Korea, Malaysia, Thailand...
Policy Brief
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– Strategies and Lessons from the Developing World
What can the less well-off developing countries learn from the ’successes’ of other developing countries? This Policy Brief highlights successful development strategies and lessons from in-depth case studies of select countries from the developing world. The coverage includes East Asia and the...
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– Lessons from Brazil, Chile, Costa Rica and the Dominican Republic
This paper provides a synthesis of the four papers on the Latin American and Caribbean economies: Brazil, Chile, Costa Rica, and the Dominican Republic. It focuses on the following themes: macroeconomic stabilization and fiscal challenges, poverty and inequality, and the use of natural resources to...
Working Paper
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I argue that the economic success of Botswana can be explained by the historical development of its institutions which is related to the trajectory of the Tswana states over the past 200 years. These institutions created a much more stable and accountable government than elsewhere in Africa after...
Working Paper
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– Achievements and Prospects
This paper reviews Brazil’s growth performance over the last quarter of a century and discusses the main determinants of a pick-up in growth since the mid-1990s. Emphasis is placed on the policy pay-offs associated with a consolidation of macroeconomic adjustment, which is a pre-condition for...
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During the 1950-70s Norway had relatively low GDP per capita compared to the OECD average and even more so compared to Denmark and Sweden. During the 1970s there was a significant catch-up in incomes and from the early 1990s a ‘take-off’ in relative income. Norway is currently ranked among the...
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– Country Role Models of Development Success?
The paper discusses views on China and India as country role models. In so doing the article recounts the economic and political reforms pursued by the two countries. The paper also outlines the outstanding reforms and the bottlenecks that could jeopardize economic performance and development going...
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– The Case of Costa Rica
In this paper, I discuss the reasons for Costa Rica’s economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
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– The Ghana Case
The current paper, first, documents Ghana’s ‘success’ story. Second, it identifies the strategy employed. Third, it provides a brief history of why and how the strategy was adopted. Fourth, it provides some rationale for the success of the strategy, including the roles of domestic and international...
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This paper provides a synthesis of the three papers on the non-Nordic developed economies, Ireland, Japan and Switzerland along the following themes: role of the state, openness, education and human capital, and macroeconomic stability. It then draws lessons for developing countries of today.
Working Paper
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– Committing to Economic Openness and Building Domestic Institutional Capabilities
This paper sets out to explain the factors behind Ireland’s exceptional period of economic growth from the early 1990s to the mid 2000s. It suggests that an unbending commitment to economic openness and an on-going effort to establish quality domestic institutions were the main drivers of the so...
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– Lessons from Botswana, Ghana, Mauritius and South Africa
Botswana, Ghana, Mauritius and South Africa are sub-Saharan African countries that stand out for their development progress. Each of these countries has succeeded against the odds, against expectations. This paper synthesizes the common ingredients of these countries’ success, and derives lessons...
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– Lessons from the Experiences of South Korea, Malaysia, Thailand and Vietnam
This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of heterodox macroeconomic policies, creation of institutions for productive investment in both agriculture...
Policy Brief
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– Historical Accounts from More Advanced Countries
What, if anything, can today's developing countries learn from the past strategies of more advanced countries? the answer is 'a great deal', despite the obvious fact that the development environment has changed significantly. Based on 11 themes, this Policy Brief highlights the synthesis of...
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