Most numerical targets within the framework of the Millennium Development Goals (MDGs) are overly ambitious for the poorest countries when interpreted as country-specic goals. As a consequence, the current system undermines accountability and ownership and jeopardizes the public support the MDGs...

Most numerical targets within the framework of the Millennium Development Goals (MDGs) are overly ambitious for the poorest countries when interpreted as country-specic goals. As a consequence, the current system undermines accountability and ownership and jeopardizes the public support the MDGs...

Many poor countries are now discovering valuable non-renewable natural resources. Unlike most other sources of tax revenue, the government revenues from the depletion of these resources are both unsustainable and volatile. Each of these features implies that the savings rate appropriate for...

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and how this relationship varies depending on the channel...

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and how this relationship varies depending on the channel...

The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to economic growth, which raises the question as to whether a similar conclusion holds...

The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly conducive to economic growth, which raises the question as to whether a similar conclusion holds...

This paper examines the vulnerability of African countries to climate change, for which they are not responsible. It is based on an index of structural or physical vulnerability to climate change at the country level, denominated below by the acronym PVCCI. This index has been created recently...

Cette étude propose une présentation générale des indicateurs de politique économique «révélée» par les résultats. La construction de ces indicateurs repose sur une méthode économétrique qui permet de faire la part entre le «structurel» et le «discrétionnaire» dans le...

Il existe de nombreux indicateurs de politique de développement et une présentation critique de ces indicateurs apparaît nécessaire. Ce document présente un premier guide critique des principaux indicateurs disponibles, l’utilisation opérationnelle de certains des indicateurs et les...