Although institutions are believed to be key determinants of economic performance, there is limited evidence on how they can be successfully reformed. Evaluating the effects of specific reforms is complicated by the lack of exogenous variation in the presence of institutions; the difficulty of...

In the months and years ahead, it is plausible, perhaps even likely, that the issue of renewed Western economic assistance for the DPRK, or North Korea, will return once again to policymakers‘ agendas. We should therefore ask: Could major inflows of Western aid lead to an economic...

"Global Finance and Development" describes and explains the variety of relationships between finance and development. Finance is broken down into its various aspects in separate chapters on aid, debt, portfolio investment, FDI, microfinance and remittances (see sections three and four for...

This report assesses the economic dimensions of security in post-Soviet Central Asia and considers their implications for the role of the United States. The September 11, 2001, attacks on the United States led to the realization among policymakers that instability, failed and failing states, and...

The withdrawal of most international troops by 2014 will have a profound and lasting impact on the country's economic and development fabric. This book explores some of these ramifications. Development progress since 2001 has been mixed. The country has recorded some major achievements such as...