This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does...

Most numerical targets within the framework of the Millennium Development Goals (MDGs) are overly ambitious for the poorest countries when interpreted as country-specific goals. As a consequence, the current system undermines accountability and ownership and jeopardizes the public support the...

With the recent appointment of the High-Level Panel to advise on the post-2015 development agenda, the preparation of a successor process to the MDGs is (finally) moving into high gear. In this note I provide an input to these discussions by briefly reviewing successes and failures of the...

The MDGs are interlinked: acceleration in one goal is likely to speed up progress in others. Nevertheless, these synergies are not always visible, and may differ across countries. Using bivariate cluster analysis, this paper investigates whether distinct groups of developing countries can be...