Developing economies have found it hard to use natural resource wealth to improve their
economic performance. Utilizing resource endowments is a multistage economic and …

Proponents and critics alike agree that the policies spawned by the Washington Consensus
have not produced the desired results. The debate now is not over whether the Washington …

A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related
in the long run to the skills of its population. In this book Eric Hanushek and Ludger …

Growth has accelerated in a wide range of developing countries over the last couple of
decades, resulting in an extraordinary period of convergence with the advanced economies …

One of the puzzles about why some countries have stronger economic growth than others
revolves around the so-called'middle-income trap', the situation in which a country that has …

We examine the record of cross-country growth over the past fifty years and ask if
developing countries have made progress on closing the income gap between their per …

Does the environment have a causal effect on economic development? Using
meteorological data, we reconstruct every country's exposure to the universe of tropical …

It is recognised that the tourism industry is vulnerable to some form of crises or disaster.
However, despite the attention given to the nature and consequences of tourism crises and …

We develop a new metric for the distribution of educational achievement across countries
that can further track the cognitive skill distribution within countries and over time. Cross …

Unlike most cross country growth analyses, we focus on turning points in growth
performance. We look for instances of rapid acceleration in economic growth that are …