We analyze the effects of EU adoption of a Sky Trust (Barnes and Breslow 2003) on the income distribution of Hungary, a lower-middle income EU member. We use plausible parameters for an EU carbon charge and revenue recycling system, input-output data to track the effect of a carbon charge on...

The response to increasingly frequent financial crises has concentrated on the governance of financial institutions and markets through the introduction of best practice norms to make them more robust. However, this approach may simply repeat the financial history of persistent crisis if Hyman...

This paper argues why countries should give priority to developing cross-border regional social policies. The first part presents the conceptual case for regional social policies in terms of how the social dimension of regionalism can provide an alternative to the current pattern of...

This study analyzes capital flows to least developed countries (LDCs) to understand their determinants and persistence. The study finds that macroeconomic stability, trade openness and financial sector development are the key determinants of capital flows (both official and private) to LDCs....

In September 2015, Heads of State and Government will gather in New York to agree the post-2015 development agenda. The role that trade will play in this agenda is neither clear, nor agreed. Yet an open, non-discriminatory, rules-based multilateral trading system underpins sustainable...

We describe the flows of aid after large catastrophic natural disasters by using the extensive record of bilateral aid flows, by aid sector, available through the OECD’s Development Assistance Committee. For each large donor, we identify the extent of cross-sector re-allocation that is...

As Asia has made remarkable progress in economic development and poverty reduction, the global balance of economic power, in which the United States, Japan and Europe have acted as the three major forces, is changing drastically. In light of the new development, this paper discusses what kind of...

The Chinese government, through the China Exim Bank, is pledging billions of dollars worth of concessional lending to the developing world. More information on these lending practices can be gleaned from Chinese language sources than is readily available in English. However, this material is...

This paper provides a preliminary assessment of long- term ODA flows to Indonesia. ODA consists of bilateral and multilateral aid, but this paper focuses specifically on multilateral agencies like the World Bank or the ADB and Japan. The rationale for this approach is that the World Bank and the...