Journal Special Issue
Impact of the Liberalization of the Exchange Rate and Financial Markets in Sub-Saharan Africa
This special issue of the Journal of International Development presents the results of a study initiated two years ago by UNU/WIDER on `The impact of the liberalization of the exchange rate and financial markets in sub-Saharan Africa'. The project...
Journal Special Issue
The CFA Franc Zone 10 Years After Devaluation
Members of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in...
Research Brief
The political economy of food price policy in Egypt
The Egyptian food system has been affected by both global food markets and domestic factors. During the recent global food price crisis, an estimated 30–40 percent of the price fluctuations in the global food market were transmitted to Egypt’s food...
Working Paper
Gendered Perspectives on Economic Growth and Development in Sub-Saharan Africa
Researchers have linked sub-Saharan Africa’s (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies...
Working Paper
Income Inequality in Latin America
The paper reviews the extent of the income inequality decline that took place in Latin America in 2002-10 and then focuses on the factors that may explain such decline. These include a lowered skill premium following an expansion of secondary...
Working Paper
The impact of aid on total government expenditures
Aid is said to be fungible at the aggregate level if it raises government expenditures by less than the total amount. This happens when the recipient government decreases domestic revenue, decreases net borrowing, or when aid bypasses the budget...
Policy Brief
Fiscal Policy for Poverty Reduction, Reconstruction, and Growth
Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And large-scale aid and debt relief cannot work without...
Working Paper
Financial Markets and Governments
A survey of the changing relationship between the market for political services and the market for financial services.
Working Paper
Toward closer cohesion of international tax statistics
The Government Revenue Dataset (GRD) was launched in September 2014 and, in the few years since, has gone on to be recognized as the go-to source for researchers and policy makers seeking cross-country data on government revenues and taxes. However...
Working Paper
The Fiscal Effects of Aid in Ghana
An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour, although theory and existing evidence is ambiguous regarding the nature of these effects. This...
Working Paper
The Burden of Government Debt in the Indian States
In this paper we explore what impact, if any, government debts have on achieving the Millennium Development Goals for the Indian states. To fulfill the goals, national governments, especially in the developing world, have to undertake major...