The Innovation Paradox

The Innovation Paradox PDF Author: Xavier Cirera
Publisher: World Bank Publications
ISBN: 1464811849
Category : Business & Economics
Languages : en
Pages : 268

Book Description
Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

Innovative Financing for Development

Innovative Financing for Development PDF Author: Suhas Ketkar
Publisher: World Bank Publications
ISBN: 082137706X
Category : Business & Economics
Languages : en
Pages : 220

Book Description
Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. 'Innovative Financing for Development' is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.

Planning and Budgeting in Poor Countries

Planning and Budgeting in Poor Countries PDF Author: Naomi Caiden
Publisher: Transaction Publishers
ISBN: 9781412830881
Category : Business & Economics
Languages : en
Pages : 410

Book Description
This substantial treatment of budgeting in poor countries and discussion of the relationship between planning and budgeting covers over eighty nations and three-fourths of the worlds population. While there are many treatments of planning, the approach of this study is radically different. The authors argue that the requisites of comprehensive economic planning do not exist in poor countries, and that in the effort to create them, planners merge into the environment they have set out to change. Caiden and Wildavsky provide a unique and thorough examination of planning and budgeting by governments of poor countries throughout the world, and recommend reforms that are workable and realistic for these countries. They analyze the political, economic, and social developments that influence budgeting and planning in developing countries.

Public Financial Management and Its Emerging Architecture

Public Financial Management and Its Emerging Architecture PDF Author: Mr. M. Cangiano
Publisher: International Monetary Fund
ISBN: 1475512198
Category : Business & Economics
Languages : en
Pages : 468

Book Description
The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing to the sheer number of innovations, their widespread adoption, and the sense that they add up to a fundamental change in the way governments manage public money. This book takes stock of the most important innovations that have emerged over the past two decades, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting. Not merely a handbook or manual describing practices in the field, the volume instead poses critical questions about innovations; the issues and challenges that have appeared along the way, including those associated with the global economic crisis; and how the ground can be prepared for the next generation of public financial management reforms. Watch Video of Book Launch

Care Homes in a Turbulent Era

Care Homes in a Turbulent Era PDF Author: Komla Dzigbede
Publisher: Edward Elgar Publishing
ISBN: 1800379714
Category : Political Science
Languages : en
Pages : 459

Book Description
This scholarly Research Handbook captures key observations and analyses within the field of public financial management. It offers much-needed insights into possible future research ventures while presenting contemporary summaries of past studies in this ever-evolving field.

Beyond the Annual Budget

Beyond the Annual Budget PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821396277
Category : Business & Economics
Languages : en
Pages : 261

Book Description
Beyond the Annual Budget is a comprehensive review of country experience with Medium Term Expenditure Frameworks (MTEFs) worldwide. It looks at countries both with and without MTEFs over the period 1990 to 2008 to obtain results about their impact on fiscal performance.

Comparative International Budgeting and Finance

Comparative International Budgeting and Finance PDF Author: Arigapudi Premchand
Publisher: Transaction Publishers
ISBN: 9781412820059
Category : Business & Economics
Languages : en
Pages : 248

Book Description
This first comprehensive collection of comparative budget and financial manage-ment experience includes essays on thirteen major industrial and developing countries. It provides a fascinating overview of fiscal problems and processes and provides perceptive summaries of the significant features of the budget system in each country.

The New Economics Of The Less Developed Countries

The New Economics Of The Less Developed Countries PDF Author: Nake Kamrany
Publisher: Routledge
ISBN: 1000303861
Category : Business & Economics
Languages : en
Pages : 255

Book Description
After a quarter-century of experimentation with economic development in the poorer countries, the disarray, and in some cases the calamitous results, are so obvious that a fresh look at and reexamination of traditional assumptions, methodologies, theories, and policies is needed. The contributors to this volume explore—with supporting theoretical frameworks and emipirical evidence—the new perceptions concerning the development of the poor countries, providing clear and sophisticated treatments of North-South bargaining, commodity power, indexation, the theory of power and the international distribution of rights and resources, and the effectiveness of international organizations as vehicles for conflict resolution. The authors discuss the position and prospects of the non-oil-producing, less developed countries, focusing on measurements of the quality of life in these countries, growth and income distribution policies, and the effectiveness of public expenditures to enhance social welfare.

Promoting Innovation in Developing Countries

Promoting Innovation in Developing Countries PDF Author: Jean-Eric Aubert
Publisher: World Bank Publications
ISBN:
Category : Agricultural Knowledge and Information Systems
Languages : en
Pages : 39

Book Description
Facilitating and responding to the emergence of grass-root needs at the local level is also essential. Support to entrepreneurs and local communities should be primarily provided in matching grant forms to facilitate the mobilization of local resources and ownership. It is of primary importance to pay the greatest attention to country specificities, not only in terms of development level, size, and specialization, but also in terms of administrative and cultural traditions. At the global level, major issues need also to be considered and dealt with by appropriate incentives and regulations: the role of foreign direct investment in developing countries' technological development, conditions of technologies' patenting and licensing, the North-South research asymmetry, and brain drain trends.

Disease Control Priorities in Developing Countries

Disease Control Priorities in Developing Countries PDF Author: Dean T. Jamison
Publisher: World Bank Publications
ISBN: 0821361805
Category : Medical
Languages : en
Pages : 1449

Book Description
Based on careful analysis of burden of disease and the costs ofinterventions, this second edition of 'Disease Control Priorities in Developing Countries, 2nd edition' highlights achievable priorities; measures progresstoward providing efficient, equitable care; promotes cost-effectiveinterventions to targeted populations; and encourages integrated effortsto optimize health. Nearly 500 experts - scientists, epidemiologists, health economists,academicians, and public health practitioners - from around the worldcontributed to the data sources and methodologies, and identifiedchallenges and priorities, resulting in this integrated, comprehensivereference volume on the state of health in developing countries.