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In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF Special Drawing Rights (SDRs); and (4) the sale, mobilization, or capitalization of IMF gold....
Persistent link: https://www.econbiz.de/10009002305
Persistent link: https://www.econbiz.de/10010642841
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
In September, world leaders will assemble in New York to review progress towards the Millennium Development Goals (MDGs). Ahead of the ensuing discussions, we examine how individual countries are faring towards achieving the highly ambitious MDG targets. We outline a new MDG Progress Index,...
Persistent link: https://www.econbiz.de/10008676970
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