This paper argues that the crisis facing the development effectiveness agenda is fundamentally derived from limited collective commitment to a singular model of development, one where a developed North serves as model and funder for a developing South. This is partly the reason for the...

This paper empirically investigates whether donor countries punish sovereign defaults by reducing foreign aid ows. Our findings reject the hypothesis formulated in the theoretical literature that a default leads to a loss of foreign aid for the defaulting country. Creditor countries directly...

In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...