As part of the preparation for the June Summit on financing, the question was raised as to whether a category of "vulnerable countries" should not be created or recommended. One would first have to ask who would be responsible for creating this category, so that it would be authoritative. Only...

As part of the preparation for the June Summit on financing, the question was raised as to whether a category of "vulnerable countries" should not be created or recommended. One would first have to ask who would be responsible for creating this category, so that it would be authoritative. Only...

This working paper has been prepared within the UNU-WIDER project 'Foreign Aid': Research and This paper confronts three conundrums. First, does the relationship between aid and growth fade over time when aid is successful? Second, why are aid inflows neglected in the literature on growth...

Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the...

Macro vulnerability of the small island developing states (SIDS) as well as of least developed countries (LDCs) has been an increasing concern for the international community. This concern has led to the creation of the economic vulnerability index (EVI) in order to assess comparatively the...