Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...

This paper studies the consequences of certain widespread policies for the quality and sustainability of growth. These policies cause economic inefficiency, environmental destruction and increased poverty. The paper develops a political economy model to show why the existence of such policies is...

1. Introduction -- 2. Economic Development, Sustainable Development and Agriculture -- 3. Sustainability of Agricultural Systems -- 4. Challenges of Sustainable Agriculture in Developing Countries -- 5. Challenges of Sustainable Agricultural Development in High-Income Countries -- 6. Pathways to...