Features -- Rethinking Growth -- Getting the Diagnosis Right -- Getting Out of the Rut -- The Quest Continues -- Breaking Down Barriers to Growth -- Levers for Growth -- Growing Pains -- Examining Global Imbalances -- Going too Fast? -- New Customs -- Departments -- Letters to the Editor --...

This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....

This report is comprised of two volumes. Global Development Finance (GDF) 2009 volume one provides analysis of key trends and prospects, including coverage of the role of international banking in developing countries. Volume two provides summary and country tables and contains statistical tables...

The study investigates the financing development expenditures through development aid and its impact on economic growth in Pakistan using time series data for the time period 1980-2012. Ordinary least square (OLS) has been applied for the estimation of model and instrumental variables are...