How well do countries cope with the aftermath of natural disasters? In particular, do international financial flows help buffer countries in the wake of disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...

We examine the effects of aid on growth--in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after thiscorrection, we find little robust evidence of a positive (or negative) relationship...

An optimal linear world income tax that maximizes a border-neutral social welfare function provides a drastic reduction in world consumption inequality, dropping the Gini coefficient from 0.69 to 0.25. In contrast an optimal decentralized (i.e., within countries) redistribution has miniscule...

Botswana is one of the few upper-middle-income countries in sub-Saharan Africa and aspires to become a high-income country by 2036. According to OECD estimates, Botswana is expected to graduate from the list of official development assistance (ODA) eligible countries by 2030. This report...

This report synthesises the experiences of four countries - Botswana, Chile, Mexico and the Republic of Korea - in the transition from aid and graduation from official development assistance (ODA). It presents research on the management of the transition from aid, cooperation with deveopment...