Economic sanctions, and the suspension of budget support in particular, are supposed to pressure target governments to comply with donors' demands by putting spending commitments at risk. We argue that this is too simplistic since governments have more fiscal levers at their disposal. The case...

"Global Finance and Development" describes and explains the variety of relationships between finance and development. Finance is broken down into its various aspects in separate chapters on aid, debt, portfolio investment, FDI, microfinance and remittances (see sections three and four for...

The post-colonial socio-political landscape of the ESCWA region has witnessed a seemingly endless chain of conflict, fragile peace and constantly heightened levels of political tension, all of which have had negative ramifications for governance and socio-economic development in the region....