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7 UNU-WIDER articles, publications, projects, experts...

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Blog
Will Norway’s model of Sovereign Wealth Fund work in Tanzania?: A reality check
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Several countries in Africa – including Ghana, Kenya, Mozambique, Tanzania, and Uganda - have recently discovered large oil and gas or other mineral...

Working Paper
Public savings in Africa

Do sovereign wealth funds (SWFs) contribute to Africa’s development? This paper assesses the objectives of SWFs (fiscal stabilization, productive investment, intergenerational saving) and discusses alternatives. We argue that fiscal stabilization...

Working Paper
Unofficial sovereign wealth funds and duration in power in Africa

This paper argues that in weak states, leaders whose hold on power is secured by the public fortune have turned to the use of sovereign wealth funds (SWFs), especially unofficial SWFs, to cement their hold on power. Unofficial SWFs are private funds...

Working Paper
Aid and Infrastructure Financing

The central argument of this study is that given the magnitude of the investment in infrastructure that is required, especially in Africa, the role of foreign aid in the future should be distinctly different. While aid will be required to continue to...

Working Paper
The copper sector, fiscal rules, and stabilization funds in Chile

Historically, Chile has been an economy dominated by mineral and agro-industrial products and subject to frequent external shocks particularly in copper prices. Since the 1980s, the authorities have developed various mechanisms to cope with these...

Research Brief
How to Spend It?

A donor dilemma: aid effectiveness in fragile states. Donors are often faced with the dilemma that those countries most in need of aid are often those least likely to spend it effectively. This dilemma can be characterized as an instance of the...

Research Brief
The Role of ODA in Infrastructure Financing

It has long been recognized that the creation of an adequate infrastructure is vital for creating sustainable growth and reducing poverty in Africa. However the gap between the investment that is needed and the money currently available is too big to...

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