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The Innovation Imperative for Developing East Asia
After a half century of transformative economic progress that moved hundreds of millions of people out of poverty, countries in developing East Asia are facing an array of challenges to their future development. Slowed productivity growth, increased fragility of the global trading system,and rapid changes in technology are all threatening export-oriented, labor-intensive manufacturing—the region’s engine of growth. Significant global challenges—such as climate change and the COVID-19 pandemic—are exacerbating economic vulnerability. These developments raise questions about whether the region’s past model of development can continue to deliver rapid growth and poverty reduction.Agai...
Igniting Innovation
Innovation and technology absorption are now firmly recognized as one of the main sources of economic growth for emerging and advanced economies alike. International R&D collaboration and FDI are critical and require government support programs, specially financial ones.
Kingdom of Lesotho
Lesotho’s National Strategic Development Plan (NSDP) serves as an implementation strategy for the national vision. It recognizes the significant challenges Lesotho faces in reducing poverty and making growth more broad-based. Overall, it presents a coherent analysis and offers an appropriate path forward to sustained poverty reduction and sustainable economic growth. Executive Directors find that a well-designed implementation and monitoring framework is necessary. Implementation of the NSDP will be a key challenge.
Can Russia Compete?
"Looks at Russian government's push toward a knowledge-based economy, particularly in the manufacturing sector. Quantifies and benchmarks sector's relative strengths, identifying opportunities to increase Russian productivity and competitiveness. Examines underlying firm-level determinants of knowledge absorption, competitiveness, and productivity, with an eye to improving workers' skill levels and the investment climate"--Provided by publisher.
Fostering Technology Absorption in Southern African Enterprises
While economic theory considers technological progress to be a key factor for sustained long-term economic growth and job creation, technology absorption is particularly an important driver for 'catch-up growth.' This study seeks to identify channels of technology transfer and absorption for Southern African enterprises, constraints to greater technology absorption, and discuss policy options open to governments and the private sector in light of relevant international experience. It has been done based on sector and enterprise case studies carried in four countries: South Africa, Mauritius, Lesotho and Namibia. This study uses a combination of econometric and in depth case study analyses to...
World Bank Group Support for Innovation and Entrepreneurship
The Independent Evaluation Group found that the World Bank Group s investment in innovation can be enhanced through systemic efforts, and presented recommendations for the Bank Group, including examining alternative approaches for financing start-ups and promoting knowledge sharing.
Cooperating for the Climate
The intricacies, politics, and prospects of international cooperation, particularly with China, to address climate change. No country in the world releases more greenhouse gases than China. And no country has a greater capacity—and ambition—to mitigate climate change. This deeply informed, urgently needed book examines the global cooperation such a monumental effort demands and inspires, necessarily focusing on China’s outsize role in the development and dissemination of clean energy technologies. Drawing on decades of work in clean energy and climate technology and policy, Joanna Lewis provides a clear and thorough account of the motivations, science, and politics behind international...
Globalization and Technology Absorption in Europe and Central Asia
Innovation and cross-border absorption of knowledge are central forces behind economic convergence and sustained growth. Absorption of technology is a necessary step to promote the development of human capital and the productive base, paving the way for innovations at the global knowledge frontier. Research and development, patents, trade, and foreign direct investment are major channels of technological absorption, allowing diffusion of new ideas and manufacturing best practices among countries and firms. These channels constitute the central focus of this study. This study uses patent databases, surveys of enterprises, and case studies to investigate how specific channels of absorption molds decision making about technology. Trade and FDI flows show considerable promise as catalysts for the region to upgrade its technology and near the global technology frontier. Econometric analysis using enterprise surveys from all Europe and Central Asia countries helps to understand the conditions and policies that induce firms to incorporate external knowledge and technology into their overall growth strategies.
The Oxford Companion to the Economics of South Africa
52 entries by leading economists from within and working on South Africa bringing together perspectives on a range of issues: micro, macro, sectoral, country wide and global.
Golden Aging
Societies across Europe and Central Asia are aging, but people are not necessarily living longer. This demographic trend-caused by a decrease in fertility rather than improved longevity-presents both challenges and opportunities for governments, the private sector, and individuals alike. Some of the challenges are well known. Output per capita becomes smaller if it is shared with an increasingly larger group of dependent older people. At a certain point, there may not be sufficient resources to maintain the living standards of this older group, especially if rising expenditures on health care, long-term care, and pensions must be financed through the contributions and taxes paid by ever-smal...
