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This paper examines the effect of crude oil prices on the prices of 35 internationally traded primary commodities for the 1960-2005 period. It finds that the pass-through of crude oil price changes to the overall non-energy commodity index is 0.16. At a more disaggregated level, the fertilizer...
Persistent link: https://www.econbiz.de/10012552780
It is becoming increasingly apparent that the post-2004, across-the-board, commodity price increases, which initially appeared to be a spike similar to the ones experienced during the early 1950s (Korean War) and the 1970s (oil crises), have a more permanent character. From 1997-2004 to 2005-12...
Persistent link: https://www.econbiz.de/10012559487
Knowledge about development effectiveness is constrained by two factors. First, the project staff in governments and international agencies who decide how much to invest in research on specific interventions are often not well informed about the returns to rigorous evaluation and (even when they...
Persistent link: https://www.econbiz.de/10012552331
This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy …
Persistent link: https://www.econbiz.de/10012552854
The decision not to launch negotiations in the World Trade Organization (WTO) on three of the Singapore Issues in the …
Persistent link: https://www.econbiz.de/10012554177
The Millennium Development Goals, which expire in 2015, were a global agreement to promote human development and reduce poverty. But they did not create a legalized institutional regime, in which precise obligations would be delegated to specific actors, nor were they, in many respects,...
Persistent link: https://www.econbiz.de/10012560395
This paper contributes to the long-standing debate on the merits of decentralized beneficiary targeting in the administration of development programs, focusing on the large-scale Malawi Farm Input Subsidy Program. Nationally-representative household survey data are used to systematically analyze...
Persistent link: https://www.econbiz.de/10012560821
The international development community has been grappling with the challenges of implementing development programs and, consequently, with the design of practical approaches to attaining program objectives. This paper contributes to the emerging discussion on addressing the implementation...
Persistent link: https://www.econbiz.de/10012560825
This paper examines historically the World Bank's twin features: lending to developing economies to achieve tangible … large aid flows. Section 2 sketches the historical evolution of what characterizes the World Bank: lending to developing …
Persistent link: https://www.econbiz.de/10012557145
developing world, with some countries, and some people, more vulnerable than others. It also threatens to have lasting impacts …
Persistent link: https://www.econbiz.de/10012552231