This collection draws together contemporary articles on development economics. Ideal for students with little or no background in economics, it covers a range of themes including poverty, foreign aid, agriculture and human capital

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...

In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in the decision of creditor countries to forgive debt...

Despite hundreds of billions of dollars spent on foreign aid to sub-Saharan Africa, a sure path to growth and development has not yet been found - and each new heralded approach has crumbled amid regrets and recriminations. The authors of "Smart Aid for African Development" provide critical...