Research for development : a World Bank perspective on future directions for research

This paper provides an overview of the history of development research at the World Bank and points to new future directions in both what we research and how we research. Six main messages emerge. First, research and data have long been essential elements of the Bank's country programs and its contributions to global public goods, and this will remain the case. Second, development thinking is in a state of flux and uncertainty; it is time to reconsider both the Bank's research priorities and how it does research. Third, a more open and strategic approach to research is needed -- an approach that is firmly grounded in the key knowledge gaps for development policy emerging from the experiences of developing countries, including the questions that policy makers in those countries ask. Fourth, four major sets of problems merit high priority for our future research: (i) securing economic transformation; (ii) broadening opportunities to participate in the benefits of, and contribute to, such transformation; (iii) dealing with emerging risks at all levels; and (iv) assessing the results of development efforts, including external assistance. Fifth, a new multi-polar world requires a new multi-polar approach to knowledge; the Bank must learn from, and collaborate with, developing-country researchers and institutes. Sixth, greater emphasis must be given to producing the data and analytic tools for others to do the research themselves and providing open access to those tools. And open data initiative needs to be extended to open knowledge. This will better inform development policy debates and allow for deeper engagement with the direct stakeholders in the outcomes of those debates.Banks&Banking Reform,ICT Policy and Strategies,Tertiary Education,Economic Theory&Research,Agricultural Knowledge&Information Systems

ARER Guidelines for Manuscript Submission

Agribusiness, Agricultural and Food Policy, Agricultural Finance, Community/Rural/Urban Development, Consumer/Household Economics, Crop Production/Industries, Demand and Price Analysis, Environmental Economics and Policy, Farm Management, Financial Economics, Food Consumption/Nutrition/Food Safety, Food Security and Poverty, Health Economics and Policy, Industrial Organization, Institutional and Behavioral Economics, International Development, International Relations/Trade, Labor and Human Capital, Land Economics/Use, Livestock Production/Industries, Marketing, Political Economy, Production Economics, Productivity Analysis, Public Economics, Research and Development/Tech Change/Emerging Technologies, Research Methods/ Statistical Methods, Resource /Energy Economics and Policy, Risk and Uncertainty, Teaching/Communication/Extension/Profession,

Entrepreneurship is not a Binding Constraint on Growth and Development in the Poorest Countries

It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship andmanagement studies. In contrast, development economics scholars seem to be less concerned about entrepreneurship in the development process Who is right? I show that the arguments and evidence marshalled so far fails to convincingly show that entrepreneurship is a binding constraint on development in the poorest countries. In development economics institutional weakness, not entrepreneurship, is considered by many tbe a more binding constraint on development, especially over the long run. However, recent advances at the interface of entrepreneurship and development economics suggest that unpacking the .black box. nature ofinstitutions may benefit from incorporating an .entrepreneur.. Thus, even if entrepreneurship isnot a binding constraint on economic development, it may still be worthwhile to study entrepreneurship in development as it may improve our understanding of the real binding constraints.entrepreneurship, development, development economics, institutions

Early development economics debates revisited

Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches-"balanced growth"vs."unbalanced growth"or"program loans"vs."project loans."This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics.A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the"unbalanced growth"approach, and Lauchlin Currie, among the advocates of"balanced growth"on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained-at least partially-as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy-or at least legitimacy-through the creation ofmutually delegitimizing systemic theories.Economic Theory&Research,Banks&Banking Reform,Access to Finance,,Labor Policies

Performance of Smallholder Agriculture Under Limited Mechanization and the Fast Track Land Reform Program in Zimbabwe

agricultural mechanization, fast track land reform, agricultural development, Stochastic Frontier model, technical efficiency, agribusiness management, Agricultural and Food Policy, Community/Rural/Urban Development, International Development, Land Economics/Use, Resource /Energy Economics and Policy,

Anatomy of Stigmatized Behavior: Peer Influence and Relative Concern

This paper is based on an ongoing joint work with David Sahn and Xiaobo Zhang.Social Stigma, Peer Influences, Relative Concern, Blood Donation, China, Agricultural and Food Policy, Community/Rural/Urban Development, Consumer/Household Economics, Food Security and Poverty, Health Economics and Policy, Institutional and Behavioral Economics, International Development, Labor and Human Capital, Research Methods/ Statistical Methods, Risk and Uncertainty, JEL: I32, J22, D13, D63,

Experimental Economics: Contributions, Recent Developments, and New Challenges

Although economics has long been considered as a non-experimental science, the development of experimental economics and behavioral economics is amazingly rapid and affects most fields of research. This paper first attempts at defining the main contributions of experiments to economics. It also identifies four main trends in the development of experimental research in economics. The third contribution of this paper is to identify the major theoretical and methodological challenges faced by behavioral and experimental economics.experimental economics; neuroeconomics; quantitative methods; field experiments

Contribution of integrated water resources management towards the achievement of the Millennium Development Goals (MDGs)

Published by Asociación de Economistas Agrarios de Chilewater and the millennium development goals, Millennium Development Goals, integrated water resources management, water resources and development., Environmental Economics and Policy, Political Economy, Public Economics,

The U. S. Corn Farmers' Genetically Modified Technology Adoption with Neighborhood Effects

Genetically Modified, Neighborhood Effects, Consumer/Household Economics, Institutional and Behavioral Economics, Research and Development/Tech Change/Emerging Technologies,