The economics profession has long debated whether there is a trade-off between growth and equity. Countries that pursued inequality-reducing strategies have been warned that growth will be affected, and hence that poverty increases. The harbingers of doom advocated a growth-focused strategy....

At the Fourth High Level Forum on Aid Effectiveness, the African Union stated that ?the post-Busan agenda for Africa is in essence a programme to reduce aid dependency and ultimately exit aid? (AU, 2011: 11). This One Pager sketches out the attributes of an aid exit strategy to inform such an...

This paper analyses macroeconomic aspects of exit from aid-dependence. By ?exit from aid?, we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...

This paper introduces a methodology that measures the effort made by countries in achieving the Millennium Development Goals (MDGs). The methodology compares the rate of progress on MDG indicators in the period before and after the adoption of the MDGs. We correct for two biases ignored in...

For developing economies the current crisis means reduced demand for their exports, a decline in capital inflows and lower income from tourism. This One Pager discusses the transmission of the crisis from changes in aggregate variables to its impact on progress towards human development. The...

Los programas de transferencias monetarias se manifiestan como un componente indispensable de las estrategias de reducción de la pobreza. Los objetivos referentes a la mitigación de la pobreza a corto plazo y el desarrollo de capital humano a largo lazo son los que hacen que las transferencias...

Providing universal access to basic utilities is justified on human rights grounds and also because of the positive externalities involved. Adequate provision of water, sanitation and electricity contributes to the achievement of the other Millennium Development Goals (MDGs). Access to these...