This paper presents a comparative analysis of the stabilizing effect of official development assistance (ODA) and migrant remittances. First, at the country level and for each kind of flows it assesses their stabilizing impact with regard to the fluctuation of exports, as distinct from their...

Making development financing in LDCs more conducive to development should be a priority for the next Programme of Action of the Istanbul Conference. It needs to go beyond the old and emblematic target of ODA to LDCs, which is too far to be reached. The present paper examines four issues.

Developing country performance with respect to economic policies and institutional behaviour is a common criterion for the allocation of aid among recipient countries. This paper questions the manner in which performance is used in this regard, arguing that performance is too narrowly defined. A...

L’année 2012 a vu se fêter les anniversaires des « quarante ans de la Zone franc », des cinquante ans de la Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) et des quarante ans de la Banque des Etats de l’Afrique Centrale (BEAC), venant eux-mêmes après dix ans de la Banque...

Making development financing in LDCs more conducive to development should be a priority for the next Programme of Action of the Istanbul Conference. It needs to go beyond the old and emblematic target of ODA to LDCs, which is too far to be reached. The present paper examines four issues.

Developing countries, specifically low-income countries, and above all least developed countries, are facing recurrent shocks. While the resources available to the international community to help them cope with such shocks have long been debated, the world economic crisis sheds new light on the...

This paper provides a first systematic examination of the graduation trends and prospects after the 4th UN Conference on the least developed countries and the adoption of the Istanbul Plan of Action (IPoA). A major statement of the IPoA is “the aim of enabling half the number of least...

State fragility is a concept that emerged among the international community of donors in order to adapt aid policies to particularly difficult situations. Fragility has thus been measured to design a special treatment in favour of fragile states, otherwise lef t behind. In this context, but...

Introduction : The challenge of structural economic vulnerability for African developmentIn 2006, at a time when growth had clearly resumed in Africa, the opening speech at the first African Economic Conference organized by the African Development Bank and AERC was entitled “Economic...

How far is it a benefit to be classified as a LDC? To address this issue several approaches are conceivable.A first approach would be to consider how the developing countries themselves perceive the benefits and costs of membership. [...]A second approach consists to review all the measures that...