As one of globalisation's most visible dimensions, foreign direct investment (FDI) is central to the prospects for developing countries in the world economy. Key issues include the direction of causation between FDI and growth, the potential role of the new information and communication...

The authors examine the impact of institutional quality and social capital on aid effectiveness. They find strong evidence that social capital and institutions enhance aid effectiveness. Moreover, once they account for the role of social capital and institutions, the impact of policies tends to...

Sources and effectiveness of financial development : what we know and what we need to know / Svetlana Andrianova and Panicos Demetriades -- The poverty-macroeconomic policy nexus : some short-run analytics / George Mavrotas and S. Mansoob Murshed -- Finance and poverty in Ethiopia : a...