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Publications (16)
Working Paper
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Efforts to realize the issue of development-focused Special Drawing Rights (SDR) by the International Monetary Fund (IMF) have been on-going for many years. Recently, however, the campaign first gained a new momentum immediately after the Asian financial crises with the new liquidity problems of...
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– Issues and Evidence
Remittances, after foreign direct investment, are currently the most important source of external finance to developing countries. Remittances surpass foreign aid, and tend to be more stable than such volatile capital flows as portfolio investment and international bank credit. Remittances are also...
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– Over-Arching Issues
In analysing proposals for new sources of development funding, there are several issues that arise across the board. What is the role of new sources in relation to existing overseas development assistance? Should we be seeking new sources that generate a double dividend? Can the key elements of a...
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This paper considers lessons from the practice of fiscal federalism for guidance on new approaches to development finance. Despite the fact that inter-regional redistribution in a federation relies on a central government with strong fiscal powers, the form of that redistribution can be used as a...
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This paper considers the role of global environmental taxes both as instruments for improving the global environment and as a source of revenue for funding economic development. It reviews the general case for environmental taxes and the particular issues that arise for the adoption of such taxes in...
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Charitable donations by private individuals and firms can help fund the Millennium Development Goals. What are the prospects for increasing donations for international development, whether from small-scale donors, the super-rich (as in the recent gifts by Bill Gates and Ted Turner), or the corporate...
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– A Critical Appraisal
The paper assesses the potential of currency transaction taxes (CTT, widely known as the Tobin tax), to raise revenue for global development. Though Tobin proposed and others assessed CTTs in terms of reducing exchange rate volatility and improving macroeconomic policy environments, this paper...
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The world lottery market now amounts to at least US$126 billion in sales. World market sales for all gaming products (public, charitable and commercial) total some US$1 trillion, of which Internet gambling accounts for US$32 billion. This paper assesses the prospects for harnessing this large and...
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– The UK HM Treasury-DFID Proposal to Increase External Finance to Developing Countries
The paper discusses the International Finance Facility (IFF), a joint HM Treasury–DFID proposal to increase development aid substantially for the Millennium Development Goals to be achieved by 2015. The main conclusion of the paper is that the proposed IFF is a promising, forward-looking and...
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– Political Activism, Community Identity and Group Behaviour
This paper explores the nature of collective action and group behaviour through a case study of a highly successful political organization of poorer sex workers in Calcutta. The paper asks: What stimulated the participation of sex workers in their organization, promoted individual commitment to the...
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The paper deals with evaluating the adequacy of the assumption that in economic transactions people are self-interested insofar as they are motivated solely by the concern of maximizing their own utility, and in particular with assessing how this assumption affects within-group behaviour. Policy and...
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– Collective Action and the Market in Colombian Development
This paper considers the role and modus operandi of the National Coffee Federation of Colombia. Much respected and much criticized over time, today its role is being challenged as inappropriate to the new commitment to a free market economy. The paper evaluates the historical role of the federation...
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This paper focuses on the networks of business-related contacts that are built and maintained by manufacturing entrepreneurs in sub-Saharan Africa. It describes the various functions that such networks perform, explaining why each function is important that given the environment in which the...
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– A Gender Analysis and Conceptual Framework
This paper examines group functioning in the management of common pool resources, such as forests. In recent years community forestry groups have mushroomed in South Asia. But how participative, equitable and efficient are they? Many have done well in the short run in terms of regenerating...
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– Leaders and Intermediaries in Producers’ Associations
The development literature considers associations an important economic development tool that allows producers to pursue their economic welfare collectively and through participatory means. This paper comparatively analyses the experience of three associations of agricultural producers in the...
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A very large amount of activity occurs within groups (that is within families, firms, co-operatives, conununities or governments). Yet most economic analysis focuses on market transactions between these agents. The purpose of the study is to analyse within group behaviour. Evidence suggests some...
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