Successful public sector reform is rare in Africa. Over twelve years, Ethiopia transformed its public financial management (PFM) to…
When Greece was bailed out by a joint eurozone-IMF rescue package back in May, it was clear that the deal had bought only a temporary…
This paper summarises the findings of an evaluation of the Programme of Advancement through Health and Education (PATH), a conditional cash…
The purpose of this essay has not been to provide China with a detailed list of all of the things that the country must do to maintain a…
China’s trade balance is on course for another bumper surplus this year. Meanwhile, concern about the health of the US economic recovery…
China’s trade balance is on course for another bumper surplus this year. Meanwhile, concern about the health of the US recovery continues…
What explains the economic success of Mauritius, a top performer among African countries? How did it develop a manufacturing sector and…
By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light on the important…
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
A specter is haunting Europe — the specter of “market confidence.”
It may have been fear of communism that agitated governments when Karl…