This paper describes the potential application of a US Department of Defense-developed simulation architecture to the domain of economic and financial simulation. This approach, known as the High Level Architecture (HLA) for Simulation Interoperability, provides the ability to link disparate...

The paper seeks to assess the timeframe for eradication of poverty, defined by poverty lines of $1.25 and $5 per person per day at 2005 purchasing power parity, if pre-crisis (1993-2008) patterns of income growth were maintained indefinitely, taking account of the differential performance of...

Nick Drager, David Woodward, Robert Beaglehole and Debra Lipson present an analytical framework for considering the effects of globalization on the health of the poor and put emphasis on the indirect effects of globalization operating through the macro-economy, household income and other...

The IMF’s economically-weighted voting system gives rise to a major asymmetry of political power, both directly and indirectly, and to serious systemic inertia. The increasing financial pressure on the Fund, a credible “walk-away” threat by “emerging market” economies, and the...

Borrowing can be an efficient way for sub-national governments to acquire capital assets, but it also carries risks of fiscal distress and insolvency for borrowers. To minimise these risks, many governments around the world have developed ex-post insolvency remedies, including, most importantly,...

David Woodward argues that sustainable human development requires a system of global governance radically different from that which exists today – one which reflects the values and objectives of the twenty-first century rather than the vestiges of the colonial era. He proposes fundamental...

Contributors to this volume - Arnab Acharya Mary Agocs Michael J Ahern R Bruce Aylward Robert Beaglehole Douglas W Bettcher Colin D Butler Arachu Castro Joanna Coast Flavio Comin Abdallah S Daar Nick Drager Janet Dzator Sarah England Paul Farmer David P Fidler Jayati Ghosh Johan Giesecke Jim...

The least developed country category was established by the international community for countries requiring special support measures for dealing with their structural impediments to growth. Despite the availability of these measures and the efforts of the LDCs themselves, relatively little...

Nepal was the first Least Developed Country to negotiate its accession to the World Trade Organization. The negotiation process was demanding, yet it succeeded in securing a relatively well-balanced accession package. The purpose of this paper is to describe the contours of the negotiation...