This book takes a solid step toward a systematic analysis of the implications of microfinance for the role and regulation of capital markets. The authors address integration of capital markets with microfinance, technological innovations such as the use of mobile phone technology, the...

A landmark contribution to our understanding of economic development. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not,...

The Economic North-South Divide explores the structural roots of the debt crisis and considers the impact of debt management on North-South economic relations, exposing certain double standards that tilt global markets further against the South. Encouraged by recent successful opposition to...

Aid fragmentation is widely denounced, though recent studies suggest potential benefits. To reconcile these mixed findings, we make a case for studying differences across aid sectors and levels of analysis. Our cross-national time-series analysis of data from 141 countries suggests aid...

The worldwide wave of autocratization is doing away with many of the democratic achievements made since 1989. Scholarship on international democracy promotion is yet to theorise how democracy can be protected from autocratization. Such a theory must account for different democratic and...

The present collection of short papers is an experimental, explorative and introspective German Institute of Development and Sustainability (IDOS) project on international and transnational cooperation for development and sustainability. It is the product of internal brainstorming discussions at...

This Discussion Paper makes the case for universality in United Nations (UN) development work. So far, the UN development pillar has largely remained wedded to a 20th-century approach to development cooperation that centres on two groups of states and a one-way relationship between them: rich...