Hallward-Driemeier, Mary

Equitable Growth, Finance, and Institutions
Profile Picture
Author Name Variants
Fields of Specialization
Private sector development, Firm dynamics, Firm Productivity, Entrepreneurship, Women's economic empowerment, Investment climate, Gender, Development Economics
Equitable Growth, Finance, and Institutions
Externally Hosted Work
Contact Information
Last updated January 31, 2023
Mary Hallward-Driemeier is Senior Economic Adviser in the Equitable Growth, Finance and Institutions Vice Presidency at the World Bank, overseeing its analytical agenda on private sector development. She joined the World Bank in 1997 as a Young Professional. She has published widely on firm productivity, the economics of technological change and the impact of crises. She leads the Jobs and Economic Transformation special theme for the International Development Association (IDA). She has served as advisor to two World Bank’s Chief Economists, co-manager of the Jobs Group, and Deputy Director for the World Development Report 2005: A Better Investment Climate for Everyone. Her previous books include Trouble in the Making? The Future of Manufacturing-Led Development (with Gaurav Nayyar) and Enterprising Women: Expanding Economic Opportunities in Africa. Mary received her AB from Harvard, her MSc in Development Economics from Oxford as a Rhodes Scholar, and her PhD in Economics from MIT.
Citations 31 Scopus

Publication Search Results

Now showing 1 - 1 of 1
  • Thumbnail Image
    How Do Investment Climate Conditions Vary Across Countries, Regions and Types of Firms?
    (Washington, DC: World Bank, 2004) Hallward-Driemeier, Mary ; Stewart, David
    Drawing on the World Bank's surveys of over 30,000 firms in 53 developing countries and Doing Business indicators in 130 countries, this paper provide new insights into both the perceptions of local entrepreneurs about constraints they face, but also objective measures of infrastructure quality, regulatory burdens, crime, access to finance, and the security of property rights at the country level. Doing Business indicators give the costs of fully complying with various regulatory procedures. Together, the formal requirements and the actual experience of different types of firms illustrate the scope for investment climate improvements. The potential gains, in terms of increased productivity, investment and job growth are considerable. That smaller firms face costs that are up to a third higher underscores that improving investment climate conditions will disproportionately benefit small firms.