Since the turn of the millennium the aid business has witnessed an important shift in the conceptualization and practice of aid delivery. The move towards harmonized and aligned approaches, including the need to make aid more predictable and flexible, introduced the budget support modality....

This paper starts from the concept of ‘original sin’ to demonstrate that the development of local currency bond markets remains a priority for Sub-Saharan African countries, both as a prevention mechanism against external shocks and to exploit growth-boosting investment opportunities. We...

The question whether Burundi’s President Pierre Nkurunziza can run for a third term at the presidential election scheduled for June has generated a great deal of debate, and it is now creating violent tensions leading to increasing refugee flows to neighbouring countries. It has even split the...