In this new CGD working paper, CGD senior fellow Steve Radelet explores the challenges Liberia faces in revitalizing economic growth after 25 years of gross economic mismanagement and 14 years of brutal civil war. He examines the new government's progress, including the major steps it has taken in i...

Shared growth—growth that helps to build a middle class—is now widely embraced as a central economic goal for developing countries. In this new working paper CGD president Nancy Birdsall reviews how macroeconomic policies shape incentives for inclusive growth, focusing on fiscal discipli...

CGD visiting fellow Vijaya Ramachandran and co-authors Manju Kedia Shah and Gaiv Tata used firm-level survey data from more than 1,500 enterprises in six African countries to discover how and why African firms lobby. Their working paper concludes that larger, entrenched firms lobby to protect their ...

*REVISED Version May 2008In development economics, statistical analysis usually begins with data from many observational units--households, companies, or countries--over just a few time periods. Two analysis techniques are becoming popular for studying causal relationships among variables in this "s...

Access to financial services -- ranging from credit to the use of electronic means of payment -- is crucial for growth and poverty reduction. This new working paper by CGD senior fellow Liliana Rojas-Suarez tells why access to financial services is low in Latin America and suggests innovative soluti...

CGD's online survey of views on selecting the World Bank's next president received nearly 700 responses from people representing 71 nations; all world regions; high-, middle- and low-income countries; a variety of professional affiliations; and all adult age groups. In a new working paper analyzing ...

In this new working paper, CGD president Nancy Birdsall reviews a large body of work, primarily of economists, that shows that high levels of inequality in developing countries are likely to inhibit growth. She argues that high income inequality can discourage the evolution of the economic and polit...