Does Corruption Discourage Entrepreneurship?
In economies where government officials can be bribed, or other acts of corruption undertaken to start a business or innovate, entrepreneurship is less likely to thrive.
The Global Financial Crisis and Middle-Income Countries
To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
Can Asia Reach High-Income?
Total factor productivity growth in middle-income countries depends on innovation, human capital, and infrastructure.
Asia Must Use Fiscal Policy Carefully for Inclusive Growth
Expanding the role of fiscal policy in fighting poverty and inequality should not come at the expense of fiscal sustainability.