The principles of Smart Specialisation are valuable when implementing Blue Growth - an integrated approach towards stimulating the maritime economy. Both concepts pay considerable attention to innovation, young firm formation, bottom-up approaches and value chains. This policy brief builds on...

I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pioneering investment. Since this generates...

As aid diminishes in importance, donors need a capacity that enables governments to improve the quality of their public spending. In this study I suggest three such organizational innovations: independent ratings of spending systems, Independent Public Service Agencies, and Sovereign Development...