
Blog
What Did You Do in the Currency Wars? (Part I)
Tony Addison The present currency turmoil is both a symptom and a cause of profound changes now underway in the global economy. In part 1 of this two...
Tony Addison The present currency turmoil is both a symptom and a cause of profound changes now underway in the global economy. In part 1 of this two...
Tony Addison With six months remaining till the end of 2011, it’s time to take a peek into the near future. What can we expect? John Kenneth Galbraith...
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...
Tony Addison 'Birds of a feather flock together', the old saying goes. So too do investors. Today, those investment birds are a depressed lot. The...
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...
This Policy Arena examines some of the development challenges faced by SIDS. It brings together a collection of papers arising from the UNU-WIDER project Fragility and Development. These investigations were presented at the UNU-WIDER project meeting...
This Focus is devoted to small islands' development challenges, specifically relating to the achievement of economic growth, and draws on five papers arising from the UNU-WIDER 'Fragility and Development' research project meeting held in Fiji in...
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 paper compares the Russian transition with the Chinese reforms. The concept and implications of 'transition' differ from those of 'reform'. Transition in its systemic understanding is considered as a change of the system, a shift to a new one...
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...
Part of Book Resetting the International Monetary (Non)System
The volume Institutional Change and Economic Development fills some important gaps in our understanding of the relationship between institutional changes and economic development. It does so by developing new discourses on the 'technology of...
by Charles Wyplosz With all the hype in Europe and on financial markets worldwide, what does the birth of the euro mean for the developing and...
by David FieldingMonetary Union in AfricaIn the last ten years, there has been much debate about the economic impact of monetary union, in which...
In the WIDER Working Paper 'Aid and the Fiscal and Monetary Responses to Dutch Disease' Alan Roe looks at the ways in which aid-induced, and mineral export-induced Dutch Disease (DD) are similar, and the ways in which they differ. He argues that many...
Part of Journal Special Issue Development Aid
Part of Journal Special Issue Development Aid
Part of Journal Special Issue Development Aid
February found UNU-WIDER busy sending out Calls for Papers on topics ranging from social protection to clean energy to discrimination and affirmative...
I’m writing this editorial from Dar es Salaam, while at the 20th anniversary workshop for Tanzania’s REPOA, one of our research partners. UNU-WIDER...
So we have reached April. The year is starting to move fast. I’m writing this from New York, having just participated in an event on the sustainable...
And so we come to the summer Angle. We have just passed the longest day (midsummer) in Helsinki, with 19 or so hours of daylight. The seagulls nesting...
Aid’s future, its history, and its impact were the topics of a policy workshop held by UNU-WIDER in co-operation with the Embassy of Denmark in Dar es...
The issue of institutional development has come to prominence during the last decade or so. During this period, even the IMF and the World Bank, which used to treat institutions as mere 'details', have come to emphasize the role of institutions in...
Part of Book Insurance Against Poverty
Part of Book Inequality, Growth and Poverty in an Era of Liberalization and Globalization
This is an introduction to the UNU-WIDER special issue of World Development on aid policy and the macroeconomic management of aid. We provide an overview of the 10 studies, grouping them under three sub-themes: the aid–growth relationship; the supply...
Three major phases of economic policy can be distinguished between 1980 and 1985: from 1980 to 1982, when the government reacted to deteriorating external conditions (the debt crisis and world recession) by liberalizing imports, relaxing fiscal...
Tanzania has not yet successfully had an IMF standby arrangement that ran its course, although several programmes have been implemented at various points in time. These programmes combined demand restraint and structural adjustment with the help of...
India's first two bouts of orthodox stabilization policy following independence were quite different. The first, prompted by a prolonged drought at home and the wars with China in 1962 and Pakistan in 1965, was relatively mild in form. The rupee was...
Argentina has had successive stabs at stabilization since the mid-1970s. Throughout most of this time it has had to wrestle with acute problems of hyperinflation, capital flight, rising external debt, a stop-go pattern of output, and for a long time...
Brazil has undergone three stabilization programmes since 1980: without the IMF in 1981-82; with the IMF in 1983-84, and the Cruzado Plan of 1986. The first two could be said to have been more orthodox in character, given the political and social...
This study assesses the fiscal and monetary management challenges that can be associated with large inflows of foreign aid. It provides a brief overview of the literature on Dutch Disease (DD) as applied to mineral wealth and then assesses the...
Part of Journal Special Issue Symposium on Spatial Inequality in Latin America
Part of Journal Special Issue Symposium on Spatial Inequality in Latin America
Part of Book Governing Globalization
Part of Book Financial Openness and National Autonomy
Part of Book Financial Openness and National Autonomy