Rapid urbanization, and particularly the associated problems of urban poverty, unsustainable development and environmental degradation, pose an enormous challenge to many developing countries. In the last decade more foreign aid has been diverted to urbanization and green city development. This...

The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows, and falling remittances. This is the...

The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows, and falling remittances. This is the...

In Africa, good governance has been preached as a panacea to reverse economic plight, to attract inflow of capital, and, in some cases, to reverse capital outflows. The flow of capital, however, has side effects on host economies' governance, among other things. Given the highly expected...

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the importance of a strong state with evolved institutional...

Foreign aid donors and recipient governments often have conflicting objectives. Foreign donors may attempt to influence the policies of recipient governments by offering aid or threatening to suspend aid to sovereign states. This paper considers the credibility of such inducements and the...

Lesotho and other least developed African countries responded impressively to the preferences they were granted under the African Growth and Opportunities Act with a rapid increase in their clothing exports to the US. But this performance has not been accompanied by some of the more dynamic...

The international policy discourse, for example by the World Trade Organization and the United Nations, has emphasized the critical role of productive capacities in promoting sustainable development and building economic resilience in developing countries. This paper has examined whether...

The aim of this article is to study the relations between social capital (SC) and the result of the efforts made by poor groups to reduce their poverty and social exclusion. To this end, SC is defined as the ability to obtain benefits from networks of social relations. This definition is then...

Has massive distribution of insecticide-treated-nets contributed to the reduction in in- fant mortality in Sub-Saharan Africa over the past 15 years? Using large household surveys collected in 16 countries and exploiting the spatial correlation in distribution campaigns, we estimate the...