In previous papers we have argued that aid is likely to mitigate the negative effects of external shocks on economic growth (i.e., aid is more effective in countries that are more vulnerable to external shocks). Recently an important debate has emerged about the possible negative effects of aid...

In response to the need expressed by the UN General Assembly, an economic vulnerability index (EVI) has been defined by the Committee for Development Policy. The present paper, which refers to this index, first examines how a structural economic vulnerability index can be designed for the...

The reduction of child mortality is one of the most universally accepted Millennium Goals. However, there is a significant debate on the means of reaching it and its realism with regard to the situation in most of the least developed countries. The recommendations made for the achievement of...

The purpose of the LDC5 Monitor is twofold: firstly, to assess the vulnerability of LDCs and the means used to deal with it, and secondly, to examine the structural transformation of LDCs in line with the Doha Development Agenda (DDA). Vulnerability and structural transformation, neither of...

The purpose of the LDC5 Monitor is twofold: firstly, to assess the vulnerability of LDCs and the means used to deal with it, and secondly, to examine the structural transformation of LDCs in line with the Doha Development Agenda (DDA). Vulnerability and structural transformation, neither of...

Allocation is here understood as allocation among countries, while it is sometime taken as allocation between projects or operations. Intercountry allocation is an essential issue for concessional resources that are scarce. This note presents few remarks on the allocation of concessional...

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...