Growing concern that the Millennium Development Goals (MDGs) will not be achieved by 2015 should not obscure the bigger picture that development progress has been occurring at unprecedented levels over the past thirty or more years. At the same time, the MDGs may perhaps create an unnecessary...

The international goal for rich countries to devote 0.7% of their national income to development assistance has become a cause célèbre for aid activists and has been accepted in many official quarters as the legitimate target for aid budgets. The origins of the target, however, raise serious...

Raising school enrollment, like economic development in general, takes a long time. This is partly because, as a mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children's school enrollment to a greater degree than education...

Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We divide aid into three categories: (1) emergency and...