2004 HIV/AIDS has a triply devastating effect on poverty reduction in heavily affected countries. At the national level, the adverse impact on economic growth short-circuits the most powerful engine for sustainable poverty reduction: rising national income. At the individual level, ...

Services are an important and growing part of the global economy and account for the largest share of output and employment in developed and developing countries alike. Yet many developing countries are not benefiting from this growth because their service ...

To benefit fully from integration into the world economy, developing countries need basic public goods and services: transportation infrastructure, information and communications technology systems, trade facilitation mechanisms, standards certification bodies, and developed markets. Where small, poor governments lack the capital ...

2004 Agricultural production in sub-Saharan Africa (SSA) can reduce poverty and engender sustainable economic growth through trade in developed domestic, regional, and global markets. Assistance should focus on providing small farmers with access to better transportation and communications infrastructure and ...

Infant-industry theory posits that small or less productive firms in developing countries require protection to catch up to foreign competitors. The theory is often cited as a validation for government-sponsored protection from trade and foreign direct investment. But empirical evidence ...

The use of tax incentives in developing countries has been very popular and very controversial for decades. Although such incentives undoubtedly affect investment decisions in some circumstances, it is not clear that the benefits outweigh the costs. Despite the controversy, ...