A number of strategies to achieve the Millennium Development Goals (MDGs) and associated cost estimates have recently been presented, most influentially by the Millennium Project and the World Bank. The models underlying the recommended strategies are flawed, as a result of their reliance on...

Effective strategic choices for achieving the MDGs must be based on sound assessments of the costs and benefits of alternative policies. However, existing approaches to identifying these costs and benefits are unreliable. In particular, estimates of the costs and benefits of alternative...

North Korea is currently one of the most impoverished countries with a history of famine, but the country has a significant potential for economic development that could lift its population from poverty. Neighbored by some of the largest and most advanced economies in the world (South Korea,...

Conventional economic analysis assumes that Central Counterparties (CCPs) may help to reduce systemic risk and avoid future financial crises by mandating the central clearing of over-the-counter (OTC) derivatives. This view largely goes unchallenged by governments, regulators, practitioners, and...

The final chapter of the thesis uses a policy evaluation heuristic to assess the degree of success or failure of each of the universal access and service best practice or innovative interventions covered in previous chapters. Universal access and service policy is thus considered and evaluated...

This paper shows that climate-related forced displacement is insufficiently addressed in two fundamental commitments made towards the United Nations Framework Convention on Climate Change (UNFCCC) between 2015 and 2023: National Adaptation Plans (NAPs) and Nationally Determined Contributions...

It is well known that at the end of the last and during the present century the Indian economy performed much stronger than during the first decades after independence. In common discourse this improved performance is usually linked to the change in policy framework which was introduced in 1991...

This study provides a general analysis of economic relations between Spain, as a donor of official development assistance (ODA), and Ecuador, as a partner and recipient of development aid. It seeks to assess the potential (in)coherence between Spain’s foreign economic activities and the goals...

Tests for causality and rationality in the coffee futures market were carried out using data from the New York Market. Tests of causality indicated that futures prices strongly influence variations in spot price eight weeks or more to maturity. However, beginning seven weeks to maturity there...

The article presents an analysis and interpretation of the transformations of the notions of development elaborated by the World Bank throughout its history, particularly in relation to Latin America. The thrust of the argument is that World Bank’s understanding of development is not...