Development cooperation donors are held accountable for the way they manage aid and the development results they achieve. They want to see more partner country ownership, greater use of partner country systems, and work better together. This involves decentralizing responsibility, concentrating...

Capital mobility is a double-edged sword for emerging economies, as governments must weigh the benefits of investment against the potential economic costs and political consequences of currency crises, devaluations, and instability. Financial Markets Volatility and Performance in Emerging...

1 Introduction -- 2 The Data: Productivity and Capital Differences across Countries and over Time -- 3 Two Complementary Frameworks to Study Convergence Clubs -- 4 Convergence Clubs in Labor Productivity -- 5 Convergence Clubs in Physical and Human Capital -- 6 Convergence Clubs in Total Factor...

"This timely book offers a concise summary of new developmentalism, exploring this in the context of both heterodox economics and political economy. It adopts a historical-structural method that is critical of orthodox or Neoclassical Economics. Luis Carlos Bresser-Pereira delves into the roots...

Countries such as India, Pakistan, Bangladesh, and Sri Lanka have economies that are categorised as capital deficit, whereas economies with abundant capital - such as those in Western Europe and North America - have lost little value in comparison during the global pandemic and other economic...