Sustainable Growth Newswire

EPF compiles a selection of policy oriented-research from around the globe pertaining to its policy initiatives. To receive a weekly email of the newswire, please subscribe to our newsletter

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Leapfrogging: Look before you leap

United Nations Conference on Trade and Development  
Policy Initiative: Innovation and Economic Diversification
11. January 2019

New technologies, such as digital mobile communications, drones for precision agriculture and decentralized renewable energy systems that provide electricity in rural areas far from the grid, open up opportunities for leapfrogging. As developing countries have limited capabilities, opportunities for leapfrogging in these countries are presented primarily through the adoption of technologies. Innovation policies can help developing countries foster and facilitate the deployment of frontier technologies and their adaptation to meet their needs, to promote sustainable development. UNCTAD| Leapfrogging: Look before…

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Rewriting the Future of Work

Project Syndicate  
Policy Initiative: Future of Work
11. January 2019

Three common assumptions skew economists' forecasts of automation’s impact on employment. Addressing each is essential to protect workers’ rights and change the fatalistic storyline of the prevailing narrative. Project Syndicate| Rewriting the Future of Work

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Service Performance Guarantees for Public Utilities and Beyond—An Innovation with Potential to Attract Investors to Emerging Markets

International Finance Corporation  
Policy Initiative: Innovation and Economic Diversification
11. January 2019

Emerging market countries require substantial foreign investment for development, economic growth, and poverty alleviation. There are multiple challenges to attracting this investment, however, ranging from political and economic instability to corruption, poor security, and small market size. An additional challenge is inadequate delivery of key services like electricity and other utilities that private firms and investors rely on. Service performance guarantees are a promising approach to addressing this issue. These guarantees enable firms to purchase protection against poor or insufficient…

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The High Cost of “De-Risking” Infrastructure Finance

Project Syndicate  
Policy Initiative: Innovation and Economic Diversification
8. January 2019

The World Bank recently started advising governments to assume the bulk of the risk in public-private partnerships, so as to attract more private-sector players. But in addition to introducing an unacceptable moral hazard, this guidance is creating a possible doomsday scenario for debt-saddled developing countries around the world. Project Syndicate| The High Cost of “De-Risking” Infrastructure Finance

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The Great Disruption

Project Syndicate  
Policy Initiative: Innovation and Economic Diversification
4. January 2019

As new technologies, globalization, and growing inequality fuel a populist backlash across the West, 2018 could be remembered as a turning point for the liberal world order. Rising nationalism, widening trade wars, and the overall weakening of international cooperation are symptoms of a deeper struggle over what international arrangements will come next. Project Syndicate| The Great Disruption

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The SDGs and feminist movement building

UN Women  
Policy Initiative: Innovation and Economic Diversification
4. January 2019

This discussion paper views the whys and hows of feminist engagement with the Sustainable Development Goals (SDGs) in a broader context: the key UN-related processes from the time women began getting involved with them in the 1970s. This contextual analysis for the period from the 1970s up to 2010 illuminates a central argument of the paper: namely, that feminist movement building is not a simple volitional act but is enmeshed in the fluxes and changes of its external environment and…

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Financial Outreach and Working Poverty in Developing Countries : New Evidence from Bank Penetration

The World Bank  
Policy Initiative: Innovation and Economic Diversification
4. January 2019

Although a growing body of literature emphasizes that the poor may benefit from better access to financial services through more growth and employment opportunities, there is a continuing debate about the mechanism and extent to which such access would reduce inequalities. Considering that labor is the main asset of the poor, this paper investigates the impact of access to financial services, measured by the number of bank branches, on working poverty and inequality in the labor market. The study uses…

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Beyond Capital : Monitoring Development Outcomes of Multinational Enterprises

The World Bank  
Policy Initiative: Innovation and Economic Diversification
4. January 2019

This study presents a novel set of indicators on outcomes of foreign direct investment spanning 63 developing countries and 10 areas that matter for development. Building on decade-long data collection by the World Bank Enterprise Surveys, the indicators highlight systematic differences between foreign multinational enterprises and domestic firms across countries in competitiveness outcomes such as productivity, innovation, export orientation, as well as the extent to which they promote inclusiveness through job creation, gender empowerment, or supply linkages. Although there appears…

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