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Publications (16)
Book Chapter
From the book:
Foreign Aid for Development
Book Chapter
From the book:
Foreign Aid for Development
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– The Contest for Aid
Part of Journal Special Issue
Development Aid
Working Paper
pdf
While we know a lot about how countries become prosperous, we have only begun to understand how aid contributes to economic growth and poverty reduction. The development record is mixed and no robust association between the volume of aid and development performance has been discovered. The limits of...
Working Paper
pdf
The ultimate measure of aid effectiveness is how aid affects the lives of poor people in developing countries. The huge literature on aid’s macroeconomic impact has remarkably little to say on this topic, and less still in terms of practical advice to government officials and aid administrators on...
Working Paper
pdf
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. Debt and debt cancellations are indeed two complementary instruments which, if properly managed, perform better than either loans or...
Working Paper
pdf
Are recent donor approaches compatible with a political understanding of policy processes in partner or recipient countries? This question is given increased urgency with the recent calls for and commitment to increasing financial flows, scaling-up of aid, and promoting donor coordination. Do these...
Working Paper
pdf
– How to Reconcile the Two Approaches
In this paper we examine whether absorptive capacity can constitute sufficient justification for rejecting the proposal of a large aid increase to support the ‘big push’. We argue that the probability of a poverty trap exists for many countries, in particular the least developed countries (LDCs) and...
Working Paper
pdf
– From Economic Growth to Conflict Prevention
The current consensus objective of development aid in the international community is to reduce poverty in general and to achieve the Millennium Development Goals (MDGs) in particular. In addition, the dominant view identifies economic growth as the principal means to this end. But the policy...
The fourteen members of the African CFA Franc Zone represent the largest monetary unions in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, this book focuses on some of the key challenges facing the...
Book Chapter
– Evidence from the West African Economic and Monetary Union
From the book:
Macroeconomic Policy in the Franc Zone
Book Chapter
– Time-Series and Cross-Country Evidence from the Franc Zone Countries of Sub-Saharan Africa
From the book:
Macroeconomic Policy in the Franc Zone
Working Paper
pdf
This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains...
Working Paper
pdf
– Time-series and Cross-country Evidence from the CFA-zone Countries of sub-Saharan Africa
The causes of the slow growth of CFA countries are investigated. There is little difference in this respect between the CFA and other sub-Saharan African countries. Since 1970, GDP growth in the CFA countries has shown no significant trend but one or two medium-term fluctuations (positive in 1979-83...
Working Paper
pdf
– Evidence from the West African Economic and Monetary Union
The West African Economic and Monetary Union (UEMOA) has a history of monetary stability and low inflation. Nevertheless, there is substantial variation in relative prices within some UEMOA countries, in particular in the price of food relative to other elements of the retail price index (IHPC)...
Displaying 16 of 16 results