The paper argues that over the years aid has lost its initial “developmental purpose” which was to help developing countries to overcome structural constraints on their mobilisation of domestic resources or conversion of these resources into investment. This shows up in the low levels of...

"The Monfort Plan is a five-year, forward-looking plan to eradicate extreme poverty from the developing world, and details how microfinance has made a difference in developing countries. This book proposes a new institution, based in the developing world, with the potential to provide basic,...

A Development Emergency: the title of this year's Global Monitoring Report, the sixth in an annual series, could not be more apt. The global economic crisis, the most severe since the Great Depression, is rapidly turning into a human and development crisis. No region is immune. The poor...