One of the often discussed negative aspects of the Stability and Growth Pact is the rigidity of its deficit rule. Several reform proposals aim currently at alleviating the rule in order to allow the automatic stabilizers to operate freely. However, such a reform is likely to cause even further...

Turkey had several unsuccessful stabilization efforts during 1980s and 1990s. Thanks to policies that were put into practice after the 2001 crisis, which constitutes a turning point for Turkish economy, fiscal discipline was restored, single digit inflation was reached, and yet growth rate was...

During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...

The material and symbolic importance of these targets make it vital to assess the analytical coherence of the Millennium Development Goals (MDGs) “project”. In this spirit, this paper highlights complexities and difficulties of the MDG approach. Specifically, it outlines a framework for...

The transition from apartheid to integrated development is a contradictory process characterised by negotiations between an intervention and a market-driven liberal approach. Regarding agriculture, it was expected that a highly efficient and economically viable market-directed farming sector...

The major objectives of the study is first to describe and analyse agricultural policy in Morocco and second to evaluate this policiy from the perspective of development economics Die vorliegende Arbeit verfolgt zwei Hauptziele. Sie will versuchen, erstens die Grundlinien der in Marokko seit der...

“Being rich in energy resources – a blessing or a curse” finds that an energy resource curse plagues many EU supplier states. This in turn directly affects Europe’s energy supply security and threatens to engulf Europe in unwanted hostilities at home and abroad. The study addresses seven...

This paper focuses on a relatively new issue in the debate on policy coherence for development: the incoherence between tax and aid policies, using a case study of the Netherlands as illustration. Although the Netherlands cannot be considered a ‘pure’ tax haven like the Cayman Islands and...