Developed countries face the risk of a sustained lack of aggregate demand, i.e. secular stagnation. Demand-oriented growth models emphasizing the balance-of-payments constraint raise concerns about attendant adverse growth impacts on developing countries from reduced export growth. These...

Pakistan is one of the key countries in China’s Belt and Road Initiative (BRI) where the latter is implementing a multibillion-dollar, multiyear investment plan known as the China-Pakistan Economic Corridor (CPEC). A collection of projects aimed at developing energy, industry and communication...

The UN Conference on Financing for Development in Addis Ababa in July 2015 will pave the way for the implementation of the post-2015 development agenda. The Briefing Paper series “Financing Global Development” analyses key financial and non-financial means of implementation for the new...

Die Serie „Finanzierung globaler Entwicklung“ analysiert wichtige finanzielle und nicht-finanzielle Maßnahmen zur Realisierung der neuen Ziele nachhaltiger Entwicklung (Sustainable Development Goals – SDGs) und diskutiert Bausteine für einen neuen globalen Rahmen der...