investment
-
Implementing industrial policy effectively: Lessons from shipbuilding in China
Industrial policy in China aimed to make the country’s shipbuilding industry a world leader. Comprehensive data on shipyards worldwide reveals the huge scale of this policy, which boosted China's domestic investment, entry, and world market share dra...
-
The investment returns to infrastructure provision
High-speed internet connectivity in Africa increased FDI into the services sector with the technology, finance, retail and health service subsectors the main beneficiaries
-
How lumpy investments determine the effect of expanding financial services: Evidence from Uganda
Grants and finance can alleviate poverty traps associated with lumpy investments, but the impact on development depends on the supply of investment goods
-
The impact of multiple savings accounts on microentrepreneurs in Malawi
Improving access to saving tools helps urban Malawian microentrepreneurs save and adjust labour supply decisions
-
Is mobile money changing the rural landscape? Evidence from Mozambique
The introduction of mobile money promoted migration out of rural areas by easing long-distance transfers and increasing resilience
-
International tax avoidance and development
Corporate taxation is at the heart of economic development, and cardiac failure looms if international tax reform is not made globally inclusive
-
China’s 2009 VAT reform and lumpy investment behaviour
Tax policies that reduce firm inaction are more effective at stimulating investment than policies that simply lower the cost of investment
-
The (unintended) effects of China’s 2004 tax reform
Firms used VAT savings from China’s tax reform to invest in machinery as intended, but the reform reduced firm productivity, exports and employment
-
Internal migration improves economic security in rural China
Government policies that facilitate internal migration not only drive economic growth, but also improve the welfare of rural households