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Africa’s Low Hanging Fruits23 April 2014 Justin Yifu Lin and Yan Wang At the onset of its miraculous rise in 1979, China had been trapped in poverty for centuries and was poorer...
23 April 2014 Justin Yifu Lin and Yan Wang At the onset of its miraculous rise in 1979, China had been trapped in poverty for centuries and was poorer...
29 November 2012 Carl-Gustav Lindén In November 2012 UNU-WIDER had the pleasure of hosting a public event with Dr Kaushik Basu, the newly appointed...
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...
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...
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...
Wim Naudé Following the US subprime mortgage crisis of 2007-2008, the world is now staggering from financial to economic crisis as many high-income...
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...
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...
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...
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 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...
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...
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...
1. La communauté internationale doit mettre au point des methodes permettant de soutenir la croissance japonaise afin d'attenuer les effets de l'essoufflement americain et d'enrayer toute amorce de deflation mondiale.2. Alors que certaines des...
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...