A positive chapter has begun in finance for poor countries. Yet progress remains tentative. This book looks at how to make international finance better serve the needs of poor countries and poor people. It contains contributions by economists and political scientists who have been at the centre...

A credible central bank can effectively lead the process of financial sector reform in a developing country. This book discusses central banking issues and offers a clear path to building credible central banks in emerging economies

This book provides analytical insights into if and how the targets adopted by the international community are likely to be achieved. A key feature of the analysis is the recognition that most of the MDG targets are endogenously related. These inter-dependencies are crucial not only in analysing...

There is a growing realization that business development is the most effective weapon in fighting world poverty. How the for-profit model can be harnessed to provide the poor with a share in the world's prosperity is discussed through actual cases, and nested in innovative theories of business,...

The book examines the extent to which Amartya Sen's conception of 'development as freedom' can be a guide for development policy. It argues that the theoretical foundations of the conception need to be expanded, and that it needs to give more attention to collective and historical dimensions if...

Microfinance is a comprehensive analysis of the operational, managerial and financial aspects of microfinance. The text provides a contemporary analysis of microfinance business covering the risks, returns and management issues associated with such activity. It analyzes the main products and...

More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This...

What are the poverty reduction goals of the European development cooperation agencies? This book examines the credibility of their actual record in terms of their commitment and approaches to poverty reduction. The poverty impact of their aid programmes and their good and bad practices are...

Traditional theories suggest that developing countries lack influence in the trade regime. In this text, Jane Ford uses a social theory or constructivist approach to show that developing countries played a critical role in strengthening multilateralism in the World Trade Organization

Economic Development, Inequality and War shows how economic decline, income inequality, pervasive rent seeking by ruling elites, political authoritarianism, military centrality and competition for mineral exports contribute to war and humanitarian emergencies. Economic regress and political...