Capacity development is one of the IMF's core activities. Its impact is monitored through a Results-Based Management framework. Using for the first time the resulting dataset, the paper investigates how the likelihood of achieving targeted outcomes correlates with macroeconomic conditions and...

This case study explores the role of the Afghan authorities between 2001 and 2006 - the Interim Administration, the Transitional Islamic State of Afghanistan and the Islamic Republic of Afghanistan - in shaping the "aid relationship" between those authorities, and various components of the...

Can foreign aid be used to enhance good governance in recipient countries? This paper looks at the history of donor efforts to strengthen public institutions in developing countries, and how these have evolved in response to accumulated learning, changing fashions and donor interests. Systematic...

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors'...

This study explores whether IMF-supported programs in low-income countries (LICs) catalyze Official Development Assistance (ODA). Based on a comprehensive set of ODA measures and using Propensity Score Matching approach to address selection bias, we show that programs addressing policy or...

Environmental governance can be understood as 'the establishment, the reaffirmation or change of institutions (policies, laws, procedures, practices and organisations) to resolve conflicts - overt or latent - between actors over environmental resources. Environmental governance takes place at...

A growing political science literature studies the significance of emerging powers as key players in development. However, these studies have almost all considered the phenomenon from the perspective of donors. This paper assesses how recipient governments respond to the rise of new donors,...

The world faces a multitude of global problems, on top of the need for poverty eradication. Climate change, natural disasters, state collapse, illicit capital flows, refugees and increasing inequality present new challenges to the international community. They require joint action for the...