Journal Special Issue
Development Aid
Following on WIDER's work on Development Finance which has involved three projects since 2002, a development conference on 'Aid: Principles, Policies and Performance' was organized in June 2006. Aid is one of the most challenging development issues...
Policy Brief
Sustainability of External Development Financing to Developing Countries
External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate form. This rather broad definition qualifies all...
Journal Special Issue
Aid Allocations and Development Financing
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget...
Journal Special Issue
Development Financing
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget...
Journal Special Issue
FDI to Developing Countries
As one of globalisation's most visible dimensions, foreign direct investment (FDI) is central to the prospects for developing countries in the world economy. Key issues include the direction of causation between FDI and growth, the potential role of...
Journal Special Issue
Foreign Aid Heterogeneity
The present paper serves as an introduction to this special issue providing a justification for, and linking and introducing to the articles that follow. A central message emanating from the papers included in this special issue is that it is not...
Working Paper
The Provision of Global Liquidity
This paper analyses three major problems of the current international monetary system: the asymmetric-adjustment problem, dependence on the monetary policy of the main reserve-issuing country, and the large demand for self-insurance by developing...
Working Paper
China-Africa Co-operation in Structural Transformation
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge...
Policy Brief
Governing Globalization
This policy brief is intended to outline suggestions and stimulate discussion at a time when the world community is thinking about, and is engaged in, a debate on global governance. The policy brief not only focuses on the reform of existing...
Policy Brief
New Sources of Development Finance
As a result of the Five Year Review of the World Summit for Social Development, the UN General Assembly in September 2000 adopted a resolution calling for 'a rigorous analysis of the advantages, disadvantages and other implications of proposals for...
Working Paper
Structural Adjustment in Africa
The main purpose of this paper is to argue that Ghana's economic recovery under SAP would have been much brighter if policy makers had not made some obvious errors in the application of the theory of 'comparative advantage' and in the selection...
Working Paper
The International Debt Problem
The aim of this paper is to raise a few open questions and to bring to light some mismatches between existing theories and the evidence. (1) It is shown that many standard international debt models unwittingly require some agents to behave...
Working Paper
A Land Cursed by its Wealth?
In Angola, the availability of two abundant resources (oil and diamonds) has prolonged the conflict beyond its Cold War context. The geography and political economy of these resources were crucial to the course taken by the conflict. Matching the...