The .right. choice of instruments and modalities to provide aid to developing countries in support of poverty reduction and economic development is arguably the most contested issue in the current international debate on aid effectiveness. A particular co

The hypothesis that ethnic diversity has a negative impact on public goods provision is widely accepted. Notably, most work on this issue fails to distinguish adequately between national versus subnational governance. We find that subnational empirical ev

In their response to the global financial crisis, the international financial institutions (IFIs) have not only increased funds for shock financing, but have also significantly reformed their instruments. Nevertheless, some gaps remain. IFIs should consider the fact that most advanced low-income...

The Sachs Report is innovative in that it develops strategies designed to dynamize the economies of the poorest developing countries with ”investments to empower poor people”. It develops and points to approaches for ”pro-poor growth” policies. Yet international development policy would...

Developing countries will be severely affected by the financial crisis. Emerging economies are already suffering from capital outflows and a sudden credit stop. In many low-income countries the financial crisis is exacerbating the ongoing food price crisis, which has already had disastrous...