Showing 1 - 10 of 32
With the Millennium Development Goals deadline only five years away, the international donor community faces significant challenges due to the global economic crisis, record government deficits, and simultaneous funding requests from nearly every multilateral development institution. This paper...
Persistent link: https://www.econbiz.de/10008466390
The World Food Programme has world-class logistics, but its ability to manage financial risk is extremely limited. The WFP procures 100 percent of its food through spot markets, which subjects it to substantial commodity and transport price risks and significant delays delivering food. Relying...
Persistent link: https://www.econbiz.de/10008466397
Four years ago, the G-7 pushed through an unprecedented initiative forcing the international financial institutions to cancel 100 percent of their outstanding debt claims on the world’s poorest countries. Through the Multilateral Debt Relief Initiative (MDRI), these heavily indebted poor...
Persistent link: https://www.econbiz.de/10008514826
Zimbabwe is embarking on a long, complex, and difficult journey to rebuild its economy, which has been shattered by years of neglect and destructive government policies. If the final political hurdles are overcome? hopefully sooner rather than later—the new coalition government will be faced...
Persistent link: https://www.econbiz.de/10008514830
This paper focuses on how budgetary scorekeeping systems affect governments’ ability or willingness to support innovative development finance initiatives and explores several options to overcome the restrictions the systems often impose. As a starting point, it assumes that donor governments,...
Persistent link: https://www.econbiz.de/10008679909
In this working paper, the authors introduce an MDG Progress Index to assess how on or off track countries are toward MDG targets. They find evidence of dramatic achievements by many poor countries, such as Honduras, Laos, Ethiopia, Uganda, Burkina Faso, Nepal, Cambodia, and Ghana. These...
Persistent link: https://www.econbiz.de/10008679913
The people of Southern Sudan are scheduled to vote in a referendum on whether to remain unified with the central government in Khartoum or break away to form a new, fully independent country. While the Khartoum government remains committed to a unified Sudan, all indications suggest that the...
Persistent link: https://www.econbiz.de/10008839166
In 1999, the United States and other major donor countries supported an historic expansion of the heavily indebted poor country (HIPC) debt relief initiative. HIPC had two primary goals: reduce poor countries’ debt burdens to levels that would allow them to achieve sustainable growth; and...
Persistent link: https://www.econbiz.de/10005200924
During the 1990s, the World Bank and several donor partners provided a “surge” in external aid to support Pakistan’s social sectors. Despite the millions of donor dollars spent, the program failed. Poverty was higher in Pakistan in 2004 than it was a decade earlier when the antipoverty...
Persistent link: https://www.econbiz.de/10008466387
Inclusive growth is widely embraced as the central economic goal for developing countries, but the concept is not well defined in the development economics literature. Since the early 1990s, the focus has been primarily on pro-poor growth, with the “poor” being people living on less than $1...
Persistent link: https://www.econbiz.de/10008466394