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The World Bank Research Observer seeks to inform nonspecialist readers about research being undertaken within the Bank and outside the Bank in areas of economics relevant for development policy. Requiring only a minimal background in economic analysis, its surveys and overviews of key issues in development economics research are intended for policymakers, project officers, journalists keeping up to date, and teachers and students of development economics and related disciplines. Papers for the Observer are not sent out to referees, but all articles published are assessed and approved by the Editorial Board, which includes three to four distinguished economists from outside the Bank. The Observer has nearly 1,500 subscribers in OECD countries and nearly 10,000 subscribers in developing countries.

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Publisher: Oxford University Press on behalf of World Bank

Volume 18, Number 1, 2003
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Foreign Bank Entry: Experience, Implications for Developing Economies, and Agenda for Further Research
pp. 25-59(35)
Authors: George Clarke; Robert Cull; Maria Soledad Martinez Peria; Susana M. Sánchez

Judicial Reform
pp. 61-88(28)
Authors: Juan Carlos Botero; Rafael La Porta; Florencio López-de-Silanes; Andrei Shleifer; Alexander Volokh

Evolution of Corporate Law and the Transplant Effect: Lessons from Six Countries
pp. 89-112(24)
Authors: Katharina Pistor; Yoram Keinan; Jan Kleinheisterkamp; Mark D. West

How Effective Are Second-Generation Road Funds? A Preliminary Appraisal
pp. 113-128(16)
Authors: Ken Gwilliam; Ajay Kumar

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Free Content - Free Content
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