Since its foundation in 1961, the OECD Development Assistance Committee (DAC) – nerve centre of the aid effort of the “rich” countries – has played a central role in the PostWar aid system. This book traces the history of the institution and reflects on its future. How intense diplomacy...

The paper assesses the multilateral development financing system in the light of the replenishments of three key funds in 2013. It argues that the replenishments showed strong continuing support for each institution, but identifies challenges emerging from the reliance on traditional donors and...

Dieses Buch berichtet über die Konferenz mit dem Thema "Die Rolle der Internationalen Finanzorganisationen in Ostmittel- und Südosteuropa", die am 12-14 April 1994 auf Schloß Nymphenburg in München abgehalten wurde. Das Buch beinhaltet Aufsätze mit dem Schwerpunkt über die Erfahrungen des...

China's development model challenges the approaches of traditional Western donors like the World Bank. We argue that both aim at stability, but differ in the norms propagated to achieve that. Using fixed effects and IV estimations, we analyze a broad range of subnational stability measures in...

Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...