WBI Development Studies
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These studies, sponsored by the World Bank Institute (WBI), seek to improve the understanding and capacity for reform of policymakers and practitioners in developing countries in the main economic and social areas.
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Mexico's Transition to a Knowledge-Based Economy : Challenges and Opportunities
(Washington, DC : World Bank, 2008) Kuznetsov, Yevgeny ; Dahlman, Carl J.This book is about how Mexico can transform itself into a knowledge based economy by tapping into a number of existing socioeconomic advantages: macroeconomic stability, emerging regional enterprise clusters that combine local talent with a dynamic private sector, geographical proximity to the world's knowledge economy powerhouse-the United States, as well as a rich cultural base that generates a wealth of ideas. Mexico's transition to a knowledge-based economy provides a broad assessment of the country's readiness to join the global knowledge economy, highlighting the importance of education and institutional reform, and of creating an environment that is conducive to innovation. This transformation, however, is not only about shaping the reform agenda from the top down. It also means trial-and-error experimentation to test what works and what doesn't in the Mexican context, and then taking successful bottom-up initiatives to scale. The book takes a dual approach in its analysis and recommendations. It tackles both the strategic long-term agenda, which entails many difficult changes and choices, while also proposing a diversity of pragmatic, short-and medium-term entry points to initiate and promote the transition within the current institutional structure. -
Publication
Knowledge and Innovation for Competitiveness in Brazil
(Washington, DC : World Bank, 2008) Rodríguez, Alberto ; Dahlman, Carl ; Salmi, JamilBrazil has made considerable progress toward macroeconomic stability since reform measures began to take hold in the early 1990s, and its economy has produced stronger growth as a result an average of 2.5 percent annually over the past decade. This study provides a broad, cross-sectoral analysis of Brazil's capacity for producing knowledge and innovation. As such, it moves beyond the traditional recommendation that is, builds a stable macroeconomic environment and business-friendly physical and policy infrastructure and instead seeks a more comprehensive approach. The fact is that Brazil has delivered some important successes with efforts to develop innovation in agriculture, aerospace and energy. But like other middle-income nations, it is discovering that it must re-evaluate its education system, its information technology infrastructure, and its policy framework for encouraging innovation to ensure that its economy as a whole is growing fast enough to keep up with the global competition while also guaranteeing progress in its fight against poverty. This study was developed in close consultation with Brazilian government and civil society leaders, who are deeply engaged with the question of how to foster innovation and greater economic competitiveness. Indeed, the breadth of the support for this study is a testament to Brazil's pragmatism and perseverance in pursuing more robust growth. It is also a welcome reflection of its continually evolving relationship with the World Bank. Today, Brazil has emerged as a leader of efforts to build South-South cooperation. In this role, it can set an important example for other middle-income nations and act as a bridge between the northern and southern hemispheres. -
Publication
Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
(Washington, DC: World Bank, 2007) Suh, Joonghae ; Chen, Derek H. C.This report on Korea is geared towards policy makers from developing countries that are in the midst of, or are intending to, embark on the transition towards the knowledge economy. It provides pragmatic policy lessons drawn from Korea's forty-five years of knowledge-based growth. This report not only looks at the current policies and challenges of today's high income Korea, but also reviews its historical economic development since the 1960s when Korea was still a low income country. It follows Korea through the decades as it undertook an array of knowledge strategies that propelled it through the various income levels. This report therefore provides compelling policy lessons that are relevant for developing countries at different stages of economic development. -
Publication
Japan, Moving Toward a More Advanced Knowledge Economy : Volume 1. Assessment and Lessons
(Washington, DC: World Bank, 2006) Shibata, TsutomuThese two volumes analyze Japan from the Knowledge Economy perspective, covering a wide range of sector issues in development including the macro economic framework, education and skills training, the national innovation system, science and technology, information and communication technology, and infrastructure. While Volume 1 explores the four pillars of the "Knowledge for Development" framework, the second volume presents up-to-date case studies of outstanding Japanese private companies that each characterize different aspects of the Knowledge Economy. -
Publication
A Primer on Efficiency Measurement for Utilities and Transport Regulators
(Washington, DC: World Bank, 2003-01) Coelli, Tim ; Estache, Antonio ; Perelman, Sergio ; Trujillo, LourdesThis book is intended to help regulators learn about the tools needed to measure efficiency. It is based on lecture notes from courses the World Bank Institute offers in English, French and Spanish throughout the developing world and has benefited from feedback received during those courses. It provides an overview of the various dimensions of efficiency that regulators should be concerned with. It also summarizes the main quantification techniques available to facilitate decisions in the most common regulatory processes. The issues covered should be of particular interest to those policymakers and regulators interested in measuring relative efficiency and in implementing any incentive-based regulatory mechanism that requires the measurement of efficiency, such as price caps, revenue caps, or yardstick competition. The book focuses on methodology selection, data collection, and related issues. It provides readers with all the conceptual tools they need to make real-life decisions. It is also supported by a web site from which readers can download software they can use to implement the techniques described. -
Publication
Resolution of Financial Distress : An International Perspective on the Design of Bankruptcy Laws
(Washington, DC: World Bank, 2001-05) Claesens, Stijn ; Djankov, Simeon ; Mody, Ashoka ; Claesens, Stijn ; Djankov, Simeon ; Mody, AshokaThe institutions of bankruptcy have been at the center of the great economic events of the last decade, ranging from the Asian economic crisis, to the transition from socialism to capitalism. Our understanding of the economic, and legal structure of these institutions, as well as of their impact on economic development, has advanced considerably during this period as well. This study provides valuable information on the advances for resolution of financial distress, through theoretical studies, historical data, and evidence from recent worldwide experiences. It illustrates the possibilities, and methods of beneficial legal reform of bankruptcy procedures, as well as the pitfalls of misguided political action. The study is a timely, and valuable resource for economists, lawyers, and all others interested in institutional reform in emerging financial markets.