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Abstract This article examines the generation and management of municipal solid waste through the lens of economics. The authors estimate that the global burden of municipal solid waste amounted to 1.3 billion metric tons in 1990, or two-thirds of a kilogram of waste per person per day....
Abstract Deforestation, growing scarcity of tree products, and environmental degradation have created serious problems for rural land use in many developing countries. Agroforestry, a system in which woody perennials are grown on the same land as agricultural crops or livestock, has been...
Abstract Since the mid-1980s, stock market activity has increased substantially in many developing countries. This article first examines the main characteristics of emerging stock markets and illustrates the evolution of equity prices in these markets during the last decade. It then discusses...
Abstract Demand for decentralization is strong throughout the world. But the benefits of decentralization are not as obvious as the standard theory of fiscal federalism suggests, and there are serious drawbacks that should be considered in designing any decentralization program. An analysis of...
Article PDF first page preview Close This content is only available as a PDF. © 1995 The International Bank for Reconstruction and Development/THE WORLD BANK
Abstract Policymakers in developing countries have long been troubled by the undesirable, but apparently unavoidable, choice between providing broad access to education and developing high-quality schools. Recent evidence, however, suggests that this is a bad way to think about human capital...
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