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.
Economists have long argued that developing countries have the potential for high productivity growth if they adopt existing technologies and apply them to the local context. The report brings to bear a battery of new data sources to explore the innovation “paradox”: despite the potential for very high returns, developing countries invest far less in adopting and inventing new processes and products than advanced countries. Read more
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