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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
A collective picture of modern capitalism suggests that economic prospects, political costs, and implications for human development and freedom under this system are grim indeed. However the possibility of an alternative viewpoint, and an alternative system, provide grounds for optimism. The authors in Critical Political Studies challenge the neo-liberal, pro-market ideology that has arisen in the age of the so-called "post-communist" new world order, wrestling with the implications of globalization, democratization, and the politics of radical social change.
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Côte d’Ivoire remains one of the most intriguing countries in sub-Saharan Africa. It appeared well on its way to becoming a model of development under its single political party and charismatic founding father, Félix Houphouët-Boigny, when it fell on hard economic times in the 1980s. Poor management of the socio-economic challenges by Houphouët-Boigny’s successors produced disastrous political consequences, including unprecedented political violence, the first-ever successful military coup, and two civil wars, culminating in former President Laurent Gbagbo being sent to the International Criminal Court (ICC) in The Hague to stand trial for war crimes. This third edition of Historical Dictionary of Cote d'Ivoire (The Ivory Coast) contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 700 cross-referenced entries on important personalities, politics, economy, foreign relations, religion, and culture. This book is an excellent access point for students, researchers, and anyone wanting to know more about the Cote d'Ivoire.
This study analyzes the World Bank's experience with fiscal management in 250 adjustment operations in 86 countries. It examines the fiscal records in a sample of 26 countries grouped by region, portfolio characteristics, and economic traits. The study confirms that fiscal deficit reduction is associated with improved external balances and economic growth and that it takes sustained, long-term effort, and continual vigilance against reversals. Fiscal mismanagement, not exogenous shocks, was the principal cause of persistent budget deficits. The study offers the following recommendations for the Bank and its borrowers:1) Estimate the level of the sustainable deficit and provide guidelines for achieving it in Bank economic and sector work and adjustment lending. 2) Improve sequencing of tax reform. 3) Consider explicitly the role of the state and the appropriate mix of public/private provision of services in recommending public expenditure reform. 4) Include poverty alleviation and equity objectives in public expenditure reform. 5) Build adequate monitoring and performance indicators for both tax and expenditure reforms. 6) Enhance Bank-Fund coordination, in support of the Fund's lead role in giving fiscal advice, by strengthening the Bank's ability to analyze taxes and expenditures.
Brings together more than one hundred articles dealing with the discipline of development in all its diversity. Key topics include the transformation of peasant economies, argibusiness, rural-urban relations, markets, industrialization, workers, trade, aid and structural adjustment. A unique set in its comprehensiveness and diversity, it also considers four key challenges for development theory and practice relating to capabilities, ethics, sustainability and regulation.
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on the flexibility of the labor market and the evidence regarding the wage and employment effects of trade reform are discussed next. The last part of the paper identifies a variety of issues that may require further investigation.