Once upon a time in the world of development finance, it was assumed that simply investing in developing economies was enough—that the flow…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
A majority of countries neither freely float their currencies nor firmly peg. But most of the remainder in practice also don’t obey such…
• The COVID-19 pandemic has placed unprecedented strain on public finances across developing countries. Large fiscal responses and weak…
The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At…
In this report Andrews takes a specific look at whether Sweden has
contributed to increased realism in poor country reform of ’public…
It is understood that investment serves as a shock absorber in times of crisis. The duration of the drag on investment, however, is…
Many claim that China will soon overtake the US. I argue that this claim is based on a misuse of statistics. The International Comparison…
Professor Taylor and Professor Manzur offer in this volume a selection of published articles by leading scholars which are representative…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…