Malaysia's Economic Growth and Transition to High Income: An Application of the World Bank Long Term Growth Model (LTGM)

2020 ◽  
Author(s):  
Sharmila Devadas ◽  
Jorge Guzman ◽  
Young Eun Kim ◽  
Norman Loayza ◽  
Steven Pennings
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Growth Model ◽  
High Income ◽  
The World Bank ◽  
The World

The Debt Crisis: The Baker Plan Revisited

1986 ◽  
Vol 28 (3) ◽  
pp. 33-46
Author(s):  
Christine A. Bogdanowicz-Bindert
Keyword(s):  
Economic Growth ◽  
Annual Meeting ◽  
World Bank ◽  
Commercial Banks ◽  
Reagan Administration ◽  
Debt Crisis ◽  
The World Bank ◽  
The World ◽  
World Economic

When James Baker, US Secretary of the Treasury, took the rostrum at the IMF-World Bank annual meeting in Seoul, in October 1985, and told 9,000 delegates from 149 countries that the debt crisis could only be solved by an even closer cooperation of all parties concerned, more money from commercial banks, an enhanced role for the World Bank, and more growth in the developing world, everybody sighed with relief.The Baker declaration was significant as it had taken three years of muddling through crises for the Reagan Administration to recognize the debt crisis for what it is: a long term economic and political barrier to development that is slowly strangling world economic growth.

Democracy and Development

1997 ◽  
Vol 46 (3) ◽  
pp. 635-643 ◽  
Author(s):  
Ibrahim F. I. Shihata
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Broad Sense ◽  
Strict Sense ◽  
The World Bank ◽  
The World ◽  
Definition Of

This note addresses the possible correlation between “democracy” and “development”, and the implications, if any, of such a correlation for the World Bank. This calls, first, for providing a definition of the two concepts as they are used here. To clarify the matter further, a distinction is made from the beginning between “development” in the broad sense and the concept of “economic growth” in the strict sense.

scholarly journals Skills Gap, Innovation, and Firms Performance in Zambia

2019 ◽  
Vol 11 (8) ◽  
pp. 129
Author(s):  
Yordanos Gebremeskel ◽  
Bupe Simuchimba ◽  
Chonzi Mulenga
Keyword(s):  
World Bank ◽  
Labour Force ◽  
Sales Growth ◽  
Skills Gap ◽  
The World Bank ◽  
The World ◽  
Innovation Model ◽  
Skilled Workforce ◽  
The Empirical Analysis

This study examines the interaction between employees’ skill, innovation and firm’s performance. A skilled labour force has a significant impact on the innovation, performance and long-term competitiveness of the firm. Due to a weak educational system coupled with limited training facilities, most Zambian firms still face challenges in acquiring the required skilled workforce. The World Bank Skills Survey Zambia 2016 is used for the empirical analysis on 350 small, medium, and large enterprises. A binomial logit model is used for the innovation model and OLS regression model for performance measurement. We employ sales growth as a measure of firm performance. The results show that the number of professional & skilled employees and trainings were important factors of innovation. Furthermore, we find that innovation and location have an impact on the firms’ performance as measured by sales growth.

Leveraging Broadband for e-Government and Development in Africa

2015 ◽  
pp. 569-591
Author(s):  
Stephen Kwamena Aikins
Keyword(s):  
Economic Growth ◽  
Best Practices ◽  
World Bank ◽  
Development Bank ◽  
African Development ◽  
Mobile Broadband ◽  
The World Bank ◽  
The World ◽  
Substantial Progress ◽  
African Development Bank

This study investigated the extent and benefits of Africa's broadband connectivity, its impact on e-government and economic growth, and the challenges and best practices for addressing them. Studies by the UN and ITU over the years have revealed Africa lags behind in the global broadband connectivity and e-government diffusion. The Connect Africa summit held in 2007 by the ITU and its partners came out with five specific goals to connect the continent and help improve its economy. This study reviewed the Connect Africa Outcomes Report, and analyzed the publications of three independent studies conducted by: a) the ITU, b) the World Bank and the African Development Bank, and c) Informa Telecoms and Media. The findings reveal that Africa has made substantial progress in international connectivity and mobile broadband penetration. Additionally, broadband connectivity has contributed toward some improvements in e-government initiatives and economic growth. The study concludes with recommendations to address the existing challenges to consolidate the gains made.

A Company Odyssey in the South

2020 ◽  
pp. 257-273
Author(s):  
Philippe D’Iribarne ◽  
Sylvie Chevrier ◽  
Alain Henry ◽  
Jean-Pierre Segal ◽  
Geneviève Tréguer-Felten
Keyword(s):  
National Culture ◽  
World Bank ◽  
Corporate Culture ◽  
Emerging Countries ◽  
Cultural Meanings ◽  
The World Bank ◽  
The World ◽  
Cultural Traits ◽  
A Company

This chapter recounts the successive reforms experienced over almost thirty years by the Cameroon Electricity Corporation. Its history is emblematic of the issues facing companies in emerging countries. First of all, it illustrates the remarkable permanence, over the long term, of a set of Cameroonian cultural traits. However, these national culture specificities have only been addressed episodically during successive modernizations. The first part summarizes the analyses carried out in the early 1990s on the ‘hyper-centralization’ of the company and the subsequent implementation of a detailed procedures manual to reduce it. The second part displays the disappointing results of the universal management solutions later applied to comply with the privatization recommended by the World Bank. This story shows that changes in corporate culture are possible as long as they are in line with the persistent universes of cultural meanings.

Economic African Development in the Context of FinTech

2020 ◽  
pp. 273-289
Author(s):  
Youssra Ben Romdhane ◽  
Sahar Loukil ◽  
Souhaila Kammoun
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Least Square ◽  
National Accounts ◽  
African Countries ◽  
The World Bank ◽  
Digital Infrastructure ◽  
Wide Range ◽  
The World ◽  
Data Files

The purpose of this chapter is to analyze the effect of FinTech and political incertitude on economic growth through a multiple regression. Thus, the authors employ the method of generalized least square (GLS) with panel data. The sample concerns 21 African countries during (2001-2014-2017). The authors use a wide range of measures from Global Findex Database 2017, the World Bank platform, the World Bank national accounts data, and the OECD National Accounts data files base in the context of Africa. Empirical results show that FinTech is a driver of economic growth unless it is actively used in a developed digital infrastructure. In fact, the authors prove that, when financial technologies are used in both transactions (receive and made digital payment), they significantly contribute to the economic cycle. Passive use like simple consumption actions are not a significant lever for the economy. The principal contribution is to highlight that the active use of financial innovations and not passive one and the developed digital infrastructure do promote economic growth in African countries.

Economic Growth and Climate Change: An Exploratory Country-Level Analytics Study

2017 ◽  
Vol 8 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Wullianallur Raghupathi ◽  
Viju Raghupathi
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
World Bank ◽  
Policy Decision ◽  
Country Level ◽  
The World Bank ◽  
The World ◽  
Development Plans ◽  
Policy Decision Making ◽  
Global Economic Growth

In this article, the authors use analytics to explore the association between economic growth and climate change at a country-level. They examine different indicators to better understand the macro issues and guide policy decision-making. The authors analyze global economic growth and climate change using the World Bank data of 131 countries and 16 indicators for the period 2005 to 2010. The analysis shows overall economic growth is positively associated with climate change. This implies country leaders should design and implement structured development plans if they are to promote economic growth to alleviate poverty while simultaneously mitigating climate change.

Sign in / Sign up

Export Citation Format

Share Document