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Publications (15)
Tanzania is, together with Kenya and Uganda, one of the founding members states of the East African Community (EAC), a regional intergovernmental organization which nowadays consists of six partner states in the region. Since the revival of the new EAC in 2000, EAC Customs Union (EAC-CU) in 2005...
The structural changes of the economy have been a significant contributor to Vietnam’s impressive growth over the past 30 years. Labour has moved rapidly from agriculture into manufacturing, with important improvements in livelihoods as a result. The burgeoning private sector played a key role in...
– Diversity in Development
In 1820, Asia accounted for two-thirds of world population and over half of world income. The subsequent decline of Asia was attributable to its integration with a world economy shaped by colonialism and driven by imperialism. By 1970, Asia was the poorest continent in the world, marginal except for...
When measured in relative terms, global inequality has been decreasing. However, in absolute terms it has been increasing. What does this mean for analysing and addressing inequality? While it remains vital to continue reducing the global incidence of poverty, inequality has risen both in...
Policy Brief
pdf
Africa is the developing region most at risk from the global economic crisis. Its recent strong growth has been interrupted. Already home to the largest number of low-income countries in the world, the region is now likely to experience higher unemployment and poverty; increases in infant mortality...
Policy Brief
pdf
– Is a New Paradigm for Recovery in Developing Countries Emerging?
One year into the global economic crisis, it has become clear that the paradigm for international development has changed irrevocably. With leadership, moral authority and the capacity of the West in international development diminishing, developing countries’ recovery and future growth will...
– Growth, Trade, Investment and Institutional Developments
There has been considerable media coverage of China’s trade and financial activities, on India’s emergence as a technology and innovation hub, and on the commerce and investment interactions between China, India, Brazil, and South Africa and other developing nations. For example, China has been...
– the Unfinished Agenda
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 the new information and communication technologies...
Policy Brief
pdf
– L’Expérience Africaine Peut-Elle Inspirer la Banque Centrale Européenne
Les 14 pays membres de la zone franc en Afrique de l'Ouest et en Afrique centrale constituent - avec plusieurs décennies d'avance sur l'Union monétaire européenne - la plus importante union monétaire de l'hémisphère austral. Face à la perspective de création, à court terme, de nouvelles unions...
Policy Brief
pdf
The 14-member Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, Macroeconomic Policy in the Franc Zone focuses on some of...
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 more rapid economic and human development in the CFA...
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 in many poor countries. However, while aid in...
Policy Brief
pdf
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 forms of external finance, and the quality and...
The world economy is undergoing a fundamental structural change driven by the globalization of business on the one hand and by the revolution in information andcommunication technology on the other. The New Economy is the superior economic structure that is expected to arise as an outcome of these...
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 has benefited from the contributions of African and...
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