Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa's economy is the least developed...

This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...

Aid providers frequently link supporting small firms to job creation. Small firms create about half of new jobs in Africa, but they also have higher failure rates. Ignoring firm exit exaggerates net employment growth. Using panel data for Ethiopia, we find that small and large enterprises create...

China's importance as a major donor outside the traditional Western donors has been increasing and this has helped to bridge the funding gaps in developing countries. At the same time, South-South financial assistance still comes with less conditionality making China's aid model different to...

Institution-building in Somalia has met with high levels of failure for two decades. But successes have occurred in other Somali-inhabited regions of the eastern Horn, and have been especially present at the local and municipal level. The most effective aid to institution-building in Somalia has...

A new methodology, Tracking Under-Reported Financial Flows (TUFF), allows us to systematically gather open-source information - e.g. news reports, case studies, project inventories from embassy websites, and grant and loan data published by recipient governments - about Chinese development...

An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas Piketty's celebrated literature from developed countries...