A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

Investors want to ensure that their investment will be subject to predictable and stable rules and are well-protected from arbitrary government conduct. One fundamental set of tools that…

Trang Tran, Priyanka Kher |

When it comes to trade, speed is of the essence. This is especially true for developing countries integrating with global markets. When goods and inputs are time sensitive, delays can be…

Nadia Rocha, Suprabha Baniya, Michele Ruta |

This is the twentieth in this year's series of posts by PhD students on the job market. When we study how institutions affect development, we often focus on the characteristics of national…

Development Impact Guest Blogger |

This is the twelfth in this year's series of posts by PhD students on the job market.Social commentators and researchers struggle to explain why, despite growing inequality in many countries…

Development Impact Guest Blogger |

This is the ninth in this year's series of posts by PhD students on the job market. In low-income countries, small firms account for the majority of taxpayers (World Bank 2011). Yet we know…

Development Impact Guest Blogger |

This is the third in this year's series of posts by PhD students on the job market. A firm’s success rides heavily on the performance of its employees. It is therefore important that firms…

Development Impact Guest Blogger |

The Belt and Road Initiative (BRI) is a development strategy proposed by China to improve cooperation on a trans-continental scale. The range of projects and activities that will be part of the…

Michele Ruta, Alen Mulabdic, Siobhan Murray, Nadia Rocha, François de Soyres |

A major objective of the Belt and Road Initiative (BRI) is to reduce the time and cost it takes to transport goods and people across BRI economies. Many of these countries face serious gaps in…

Maggie Xiaoyang Chen |

The six land corridors that are the “Belt” part of the Belt and Road Initiative (BRI) connect more than sixty countries, a number that keeps growing as more and more countries join. However, even…

Charles Kunaka |