The use of challenge funds to promote economic and social development continues to grow, but has been the subject of relatively little research. This paper develops a definition of what challenge funds are and how they differ from other development funding mechanisms, taking into account their...

This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in...

China is emerging as perhaps the most globally significant development finance provider, going far beyond concessional foreign aid. With China's initiatives to create and foster new multi-lateral finance institutions, and to work in terms of large economic landscapes in Africa, Eurasia, and...

Chapter 1: From the Northern Triangle to Northern Europe: How Good Governance Can Rescue Central America -- Chapter 2. Economic Reform Priorities and the Governance Trap -- Chapter 3. Enhancing Global Engagement -- Chapter 4. Conclusions and Potential Futures.

Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...

Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...

This working paper presents the main findings of the pilot study conducted in Burkina Faso in 2019 as part of the development of the statistical measurement framework for "Total Official Support for Sustainable Development (TOSSD)". The pilot study includes Burkina Faso’s perspective on the...

Purpose: This paper empirically examines determinants of Saudi Arabia’s development finance allocation and seeks implications. Design/methodology/approach: Based on the OLS and Tobit estimation, this paper analyzes a dataset covering Saudi Arabia’s 111 bilateral aid recipient countries...