Institution
World Bank
Other•Washington D.C., District of Columbia, United States•
About: World Bank is a other organization based out in Washington D.C., District of Columbia, United States. It is known for research contribution in the topics: Population & Poverty. The organization has 7813 authors who have published 21594 publications receiving 1198361 citations. The organization is also known as: World Bank, WB & The World Bank.
Topics: Population, Poverty, Developing country, Free trade, Productivity
Papers published on a yearly basis
Papers
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TL;DR: This article reviewed and interpreted the aggregate-level and microeconomic literatures to identify the key explanations for Africa's slow growth and a massive exodus of capital, pointing to four factors as being important: a lack of openness to international trade; a high risk environment; a low level of social capital; and poor infrastructure.
Abstract: Africa has had slow growth and a massive exodus of capital In many respects it has been the most capital-hostile region We review and interpret the aggregate-level and microeconomic literatures to identify the key explanations for this performance There is a reasonable correspondence of the two sets of evidence, pointing to four factors as being important These are a lack of openness to international trade; a high-risk environment; a low level of social capital; and poor infrastructure These problems are to a substantial extent attributable to government behaviour and the paper includes a review of the political economy literature which addresses that behaviour
1,100 citations
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TL;DR: In this article, the authors found that higher tax rates are associated with less unofficial activity as a percent of GDP but corruption is associated with more unofficial activity, and that corrupt governments become small governments and only relatively uncorrupt governments can sustain high tax rates.
1,088 citations
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TL;DR: In this article, the authors empirically evaluated the relationship between stock market development and long-term economic growth and found that there is a positive and robust association between the two variables.
Abstract: Is there a strong empirical association between stock market development and long-term economic growth? Cross-country regressions suggest that there is a positive and robust association. Levine and Zervos empirically evaluate the relationship between stock market development and long-term growth. The data suggest that stock market development is positively associated with economic growth. Moreover, instrumental variables procedures indicate a strong connection between the predetermined component of stock market development and economic growth in the long run. While cross-country regressions imply a strong link between stock market development and economic growth, the results should be viewed as suggestive partial correlations that stimulate additional research rather than as conclusive findings. Much work remains to be done to shed light on the relationship between stock market development and economic growth. Careful case studies might help identify causal relationships and further research could be done on the time-series property of such relationships. Research should also be done to identify policies that facilitate the development of sound securities markets. This paper - a product of the Finance and Private Sector Development Division, Policy Research Department - is part of a larger effort in the department to study the relationship between financial systems and economic growth. The study was funded by the Bank's Research Support Budget under the research project Stock Market Development and Financial Intermediary Growth (RPO 679-53).
1,071 citations
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TL;DR: This paper found that multilateral, United Nations peace operations make a positive difference in ending civil war and that UN peacekeeping is positively correlated with democratization processes after civil war, and multilateral enforcement operations are usually successful in ending the violence.
Abstract: International peacebuilding can improve the prospects that a civil war will be resolved. Although peacebuilding strategies must be designed to address particular conflicts, broad parameters that fit most conflicts can be identified. Strategies should address the local roots of hostility, the local capacities for change, and the (net) specific degree of international commitment available to assist sustainable peace. One can conceive of these as the three dimensions of a triangle whose area is the “political space”—or effective capacity—for building peace. We test these propositions with an extensive data set of 124 post–World War II civil wars and find that multilateral, United Nations peace operations make a positive difference. UN peacekeeping is positively correlated with democratization processes after civil war, and multilateral enforcement operations are usually successful in ending the violence. Our study provides broad guidelines for designing the appropriate peacebuilding strategy, given the mix of hostility, local capacities, and international capacities.
1,069 citations
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TL;DR: This report discusses how avoidable waste can be considered when research priorities are set and recommends ways to improve the yield from basic research, and the transparency of processes by which funders prioritise important uncertainties should be increased.
1,069 citations
Authors
Showing all 7881 results
Name | H-index | Papers | Citations |
---|---|---|---|
Joseph E. Stiglitz | 164 | 1142 | 152469 |
Barry M. Popkin | 157 | 751 | 90453 |
Dan J. Stein | 142 | 1727 | 132718 |
Asli Demirguc-Kunt | 137 | 429 | 78166 |
Elinor Ostrom | 126 | 430 | 104959 |
David Scott | 124 | 1561 | 82554 |
Ross Levine | 122 | 398 | 108067 |
Barry Eichengreen | 116 | 949 | 51073 |
Martin Ravallion | 115 | 570 | 55380 |
Kenneth H. Mayer | 115 | 1351 | 64698 |
Angus Deaton | 110 | 363 | 66325 |
Timothy Besley | 103 | 368 | 45988 |
Lawrence H. Summers | 102 | 285 | 58555 |
Shang-Jin Wei | 101 | 415 | 39112 |
Thorsten Beck | 99 | 373 | 62708 |