42 UNU-WIDER articles, publications, projects, experts...
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Research Brief
Debt: IMF financing versus debt-restructuringIn the twentieth and early twenty-first centuries, debt crises have plagued low-, middle-, and high-income countries at various times...
Public debt Economic growth Financial institutions, InternationalWorking Paper
International Aid to Southern Europe in the Early Post-War Period: the Cases of Greece and ItalyAfter the Second World War, both Greece and Italy experienced a Left-Right political polarization and a reproduction of earlier patterns of political patronage...
Economic assistance and foreign aid Economic development Economic growthBlog
What Did You Do in the Currency Wars? (Part II)
Tony Addison The present currency turmoil is both a product and a cause of profound changes now underway in the global economy. Part 1 of this two-part article, which appeared in the October Angle, focused on Latin America and Europe...
Economic growth Foreign exchange Interest rateBlog
What Did You Do in the Currency Wars? (Part I)
Tony Addison The present currency turmoil is both a symptom and a cause of profound changes now underway in the global economy. In part 1 of this two-part article, we focus on Latin America and Europe...
Depressions Structural adjustment (Economic policy) Foreign exchangeBook Chapter
Reconstructing the Aid Effectiveness DebateFrom the book: Foreign Aid for Development
Public debt Economic assistance and foreign aid Economic developmentWorking Paper
The Financial Crisis of 2008 and the Developing CountriesFollowing the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries...
Economic assistance and foreign aid Economic development Financial crisisBook Chapter
Excess Credit and the South Korean CrisisFrom the book: Domestic Resource Mobilization and Financial Development
Budget deficits Credit Financial crisisBook Chapter
Debt Relief: The Development and Poverty ImpactFrom the book: Development Finance in the Global Economy
Public debt Economic assistance and foreign aid Fiscal policyJournal Article
Loans or Grants?Part of Journal Special Issue Foreign Aid Heterogeneity
Economic assistance and foreign aid International finance Foreign loansJournal Special Issue
Foreign Aid HeterogeneityThe present paper serves as an introduction to this special issue providing a justification for, and linking and introducing to the articles that follow...
Economic assistance and foreign aid Economic development projects Government spending policyWorking Paper
Loans or Grants?We argue in this paper that cancelling the debt of the poorest countries was a good thing, but that it should not imply that the debt instrument should be foregone...
Economic assistance and foreign aid International finance Foreign loansBook Chapter
Prolonged Use and Conditionality Failure: Investigating the IMF ResponsibilityFrom the book: Advancing Development
Economic development Economic policy History of financial institutionsBlog
Africa’s Debt: The World Turns Brighter
by Tony Addison This year is set to see a new chapter open in Africa’s debt story and, for once, it looks like a positive story—as the region begins to access the international capital market in ways that could fund development and povert...
Debt relief Public debt Economic developmentWorking Paper
Making Fiscal Space Happen!: Managing Fiscal Policy in a World of Scaled-Up AidDebt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programmes to create long-term growth and lower poverty rates...
Economic assistance and foreign aid Economic policy Fiscal policyWorking Paper
Excess Credit and the South Korean CrisisWe provide a novel empirical analysis of the South Korean credit market that reveals large volumes of excess credit since the late 1970s, indicating that a sizeable proportion of total credit was being used to refinance unprofitable projects...
Budget deficits Credit Financial crisisWorking Paper
Prolonged Use and Conditionality Failure: Investigating IMF ResponsibilitySince the 1970s, prolonged use of resources by the IMF has consistently expanded, among both low- and middle-income countries. Overall, this phenomenon suggests a lack of effectiveness of Fund supported programmes...
Economic development Economic policy History of financial institutions