While initially heralded as the magic bullet for development, NGOs have come under increasing criticism for their failure to deliver development as promised. Despite the plethora of new critiques, little systematic work has theorized how NGOs actually operate within the least developed countries...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...

This collection draws together contemporary articles on development economics. Ideal for students with little or no background in economics, it covers a range of themes including poverty, foreign aid, agriculture and human capital

Are natural resources a "curse" or a "blessing"? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...