What are the socioeconomic effects of foreign aid in developing countries? How effective is aid in promoting social capital? The paper focuses on these questions from an empirical perspective and assesses the casual effect of foreign aid on trust in Uganda. Individuals living in counties that...

All conceivable solutions to the internal rate of return equation are shown to have meaning as well as use. Internal rates of return are the units in which value is measured and the quantities of such units. This result implies a single internal rate of return cannot be an investment criterion....

In this paper recent approaches to the role of social protection systems within economic development policies are discussed. Important experiences are considered, in particular those implemented in medium and low income countries, where new tools for increasing the effectiveness of social and...

Since the 1970s there has been an explosion of regulatory efforts that have arisen, both within and beyond law, the object of which is to manage MNEs. The MNE itself has also exploded as body on which law can be imposed. It very much retains its identity as an object ("the enterprise") of...

The operations of multilateral development banks (MDBs) can have both positive and negative environmental, social and human rights impacts. Since negative impacts can have profound and irreversible consequences, they should be avoided or mitigated. The MDBs also need to provide those adversely...