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Publications (10)
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– US FDI in Emerging Economies
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
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– The Coming Global-Asian Era and its Consequences
The rise of China as an economic and political ‘driver’ of the global economy is likely to be one of the defining moments of world history. Its dynamism and international expansion are on the verge of creating a ‘critical disruption’ in the global order that has held sway for over 60 years. As such...
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International remittances have been portrayed as the human face of globalization given their potential to alleviate poverty by directly increasing household income. Using a panel of rural households in Mexico from October 1998 to November 2000 this study assesses whether this is in fact the case...
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The ability of low-income countries to productively absorb large amounts of external assistance is a central issue for efforts to scale-up aid. This paper examines absorptive capacity in the context of MDG-based development programmes in low-income countries. It first defines absorptive capacity...
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– Learning From Successes and Failures
This article aims to contribute to the discussion about how to make development interventions more effective by analyzing the factors contributing to the success or failure of rural development projects. We made an aggregate level analysis of 46 projects in the field of agricultural research (AR)...
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– Correlated Impacts on Health, Wealth, Fertility and Education
In this paper we discuss the results of research into the impact of foreign aid on human development. Rather than focusing on per capita income, as is common in the existing literature, we look at how aid impacts on a range of human development indicators, including measures, of health, education...
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– Understanding Increased Violence in Early Post-Conflict Transitions and Its Implications for Development
A key issue for development in the late twentieth and early twenty-first centuries has been an escalation of violence during post-conflict transitions. A long-term goal for international donor involvement is to assist in building legitimate and effective political, economic, and legal institutions...
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– Using Energy Efficiency as a Lever
In most transitional and many developing countries institutions capable of supporting economic development with localized saving-investment cycles have not developed. This crucial gap is in no way addressed by either country-level macro programmes dealing with ‘development finance’ or by donor...
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– Investigating IMF Responsibility
Since 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. In the literature conditional lending failure has been explained by looking both at...
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– The Next Twenty Years
Much has changed in international finance in the twenty years since UNU-WIDER was founded. This paper identifies five broad contours of what we might expect in the next twenty years: the flow of capital from ageing societies to the more youthful economies of the South; the growth in the financial...
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