Education is among the most prominent of the great challenges of development. This paper outlines thelikely effects of the AIDS pandemic in Africa on the continent's ability to produce education and use iteffectively for growth and poverty reduction. Four channels are explored. First, a supply...

In the face of continuing development challenges in the world's poorest countries, there have been new calls throughout the donor community to increase the volume of development aid. Equal attention should be given to the reform of the aid business itself, that is, to the practices, processes,...

The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then explores why and how the global economy is stacked against...

This paper argues that regional public goods in developing countries are under-funded despite their potentially high rates of return compared to traditional country-focused investments. Regional public goods only receive about 2.0-3.5 percent out of total ODA annually according to the definition...

Cover -- Contents -- Foreword -- Preface -- Chapter 1 Introduction -- Group A versus Group B -- Expanding Debt Relief -- Reinventing the Aid Architecture -- Appendix 1.1 Ten Questions about Debt and Debt Relief -- Chapter 2 The HIPC Initiative: Background and Critiques -- The Heavily Indebted...

The implicit assumption of the donor community is that Africa is trapped by its poverty, and that aid is necessary if Africa is to escape the trap. In this working paper, CGD president Nancy Birdsall suggests an alternative assumption: that Africa is caught in an institutional trap, wherein a...

Authors assess the dynamics behind the high net resource transfers by donors and creditors to Sub-Saharan African countries. Analyzing the determinants of overall net transfers for a panel of 37 recipient countries in 1978-98, Authors find that country policies mattered little. Donors especially...

The authors analyze the Washington Consensus, which at its original formulation reflected views not only from Washington, but also from Latin America. Tracing the life of the Consensus from a Latin American perspective in terms of evolving economic development paradigms, they document the...