Will COVID-19 lead to half a billion more people living in poverty in developing countries?
Andy Sumner, Chris Hoy, and Eduardo Ortiz-Juarez provide new estimates of the impact of the pandemic on global poverty.
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Journal Article: Tax-motivated transfer mispricing in South Africa - direct evidence using transaction data
This new Open Access article provides the first direct systematic evidence of profit shifting through transfer mispricing in a developing country.
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42 UNU-WIDER articles, publications, projects, experts...
Research BriefDebt: IMF financing versus debt-restructuring
In the twentieth and early twenty-first centuries, debt crises have plagued low-, middle-, and high-income countries at various times...Debts, Public Economic growth Financial institutions, International
Working PaperInternational Aid to Southern Europe in the Early Post-War Period: the Cases of Greece and Italy
After the Second World War, both Greece and Italy experienced a Left-Right political polarization and a reproduction of earlier patterns of political patronage...Economic assistance and foreign aid Economic development Economic growth
BlogWhat Did You Do in the Currency Wars? (Part II)
Tony Addison The present currency turmoil is both a product and a cause of profound changes now underway in the global economy. Part 1 of this two-part article, which appeared in the October Angle, focused on Latin America and Europe...Economic growth Foreign exchange Interest rate
BlogWhat 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-part article, we focus on Latin America and Europe...Depressions Structural adjustment (Economic policy) Foreign exchange
Book ChapterReconstructing the Aid Effectiveness Debate
From the book: Foreign Aid for DevelopmentDebts, Public Economic assistance and foreign aid Economic development
Working PaperThe Financial Crisis of 2008 and the Developing Countries
Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries...Economic assistance and foreign aid Economic development Financial crisis
Book ChapterExcess Credit and the South Korean Crisis
From the book: Domestic Resource Mobilization and Financial DevelopmentBudget deficits Credit Financial crisis
Book ChapterDebt Relief: The Development and Poverty Impact
From the book: Development Finance in the Global EconomyDebts, Public Economic assistance and foreign aid Fiscal policy
Journal ArticleLoans or Grants?
Part of Journal Special Issue Foreign Aid HeterogeneityEconomic assistance and foreign aid International finance Loans, Foreign
Journal Special IssueForeign Aid Heterogeneity
The present paper serves as an introduction to this special issue providing a justification for, and linking and introducing to the articles that follow...Economic assistance and foreign aid Economic development projects Government spending policy
Working PaperLoans or Grants?
We argue in this paper that cancelling the debt of the poorest countries was a good thing, but that it should not imply that the debt instrument should be foregone...Economic assistance and foreign aid International finance Loans, Foreign
Book ChapterProlonged Use and Conditionality Failure: Investigating the IMF Responsibility
From the book: Advancing DevelopmentEconomic development Economic policy History (Financial institutions)
BlogAfrica’s Debt: The World Turns Brighter
by Tony Addison This year is set to see a new chapter open in Africa’s debt story and, for once, it looks like a positive story—as the region begins to access the international capital market in ways that could fund development and povert...Debt relief Debts, Public Economic development
Working PaperMaking Fiscal Space Happen!: Managing Fiscal Policy in a World of Scaled-Up Aid
Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programmes to create long-term growth and lower poverty rates...Economic assistance and foreign aid Economic policy Fiscal policy
Working PaperExcess Credit and the South Korean Crisis
We provide a novel empirical analysis of the South Korean credit market that reveals large volumes of excess credit since the late 1970s, indicating that a sizeable proportion of total credit was being used to refinance unprofitable projects...Budget deficits Credit Financial crisis
Working PaperProlonged Use and Conditionality Failure: 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...Economic development Economic policy History (Financial institutions)