Donors, aid agencies and recipient governments are having a hard time implementing their promises on aid. Options based on a better understanding of their diverse priorities would help make the aid system more effective. Policy makers pursuing poverty reduction and other development goals should...

New actors and instruments have increased the complexity of the international development-finance architecture Efficient aid delivery confronts challenges: multilateral duplication, mission creep and loss of leverage. Specific measures of multilaterals’ contributions to the MDGs could promote...

While the overall picture for gender equality is still gloomy, recent changes in family institutions in come countries provide an enlightening example.

During the 1990s and the 2000s a variety of crises affected the stability of international capital markets: from the European Monetary System crisis in 1992-93 and the emerging market crises to today’s financial crisis have been present in the arenas of capital markets. These crises stimulated...

Foreign aid flows disproportionately to the poorest among the developing countries. Countries that account for the poorest fifth of world’s population receive more than a fifth of aid spending from OECD countries. Similarly, the benefits of trade flow likewise to more prosperous countries: the...

The Democratic Banker (03/2007) (Other Languages : FR / ES) Policy Insights No.38 by Javier Santiso Banks contribute not only to the economic development of emerging countries but also to political development. International bank flows in an emerging country tend to grow during the three years...

China helps growth and debt sustainability in Africa through debt relief, infrastructure investment and higher exports. China and other emerging lenders should engage in a debt transparency initiative that considers such growth effects. This will encourage emerging lenders to co-operate with the...

China's growing influence on Africa and on Latin America has, to some extent, overshadowed the rise of another emerging market giant in the East: India. This other Asian emerging presence is also symbolic of the rapid redesigning of the global economic map. Europe, Japan and the United States...

Informal employment persists, even when the economy is growing. Understanding the phenomenon is necessary to “tame the beast” of informality. Coherent policies are needed to create decent jobs and provide social protection

African countries face high youth unemployment and a skills shortage. Technical and vocational systems in Africa are poorly funded and managed. Skill-development strategies need to be integrated into poverty-reduction strategies and focused on sectors with promising employment prospects.