Found 3 article(s) for author 'World Bank'

Gains from Foreign Direct Investment: Macro and Micro Approaches World Bank’s ABCDE Conference

Gains from Foreign Direct Investment: Macro and Micro Approaches World Bank’s ABCDE Conference. Laura Alfaro, March 23, 2016, Paper. “This paper discussed the importance of an “integrated approach” to the study of the effects of FDI on host countries. Macro-level work that examines countries at different stages of development and institutional capacity is needed to surface the role of local conditions and absorptive capacities; micro-level work, that is firm-level data in developed as well as developing nations, to understand the mechanisms that impart substance to the anticipated benefits; and theoretical work to guide the analyses. The paper summarizes likely motives for foreign direct investment and potential effects of FDI on local economies as well as recent findings from the macro literature on the role of complementarities between FDI and local policies, conditions, and institutions and summarizes new efforts to understand the micro mechanisms and channels by which host countries can benefit from multinational activity, within and between firm productivity increases.Link

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The New Role for the World Bank

The New Role for the World Bank. Michael Kremer, November 22, 2015, Paper. “The World Bank was founded to address what we would today call imperfections in international capital markets. Its founders thought that countries would borrow from the Bank temporarily, until they grew enough to borrow commercially (NAC 1946, p. 312; Black 1952). The Bank could arguably address capital market failures if private banks would not lend to truly creditworthy projects in developing countries out of fear that they would not be repaid.Link

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Seeding Growth in the Democratic Republic of the Congo

Seeding Growth in the Democratic Republic of the Congo. Ray Goldberg, December, 2013, Case. “By 2013, the agricultural sector in the Democratic Republic of the Congo (DRC) had long suffered from war, political instability, and dilapidated infrastructure. A country with 75 million inhabitants and the second lowest GDP per capita in the world in 2011, the DRC’s most pressing task was to grow its agriculture sector and cultivate its 80 million hectares of fertile land. This case explores how a developing country could create a comprehensive strategy to implement the necessary institutional, political, and social frameworks needed to support sustainable agricultural developments and rise out of long-term poverty…” May require purchase or user account. Link verified June 19, 2014

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