Advanced OECD countries are widely held responsible to contain global carbon emissions by providing financial and technical support to developing economies, where emissions are increasing most rapidly. It is open to question, however, whether more generous official development assistance would...

We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance. By performing 3SLS estimations we explicitly account...

Der Vorwurf von Globalisierungsgegnern, der IWF und die Weltbank trügen einen wesentlichen Teil der Verantwortung für weltweite Armut und gehäufte Finanzkrisen, ist nicht haltbar. Der Einfluss der Bretton- Woods-Institutionen auf die Wirtschaftspolitik und die wirtschaftliche Entwicklung...

The state has played a major role in the most important developmental successes. This paper discusses the advances in our understanding of the role of the state in the developmental process over the past thirty years, and the contribution to those advances played by changes in economics, changes...

For FDI to help achieve the international development goal of halving absolute poverty, two conditions have to be met. First, poor developing countries need to be attractive to foreign investors. Second, the host-country environment in which foreign investors operate must be conducive to...