This paper assesses econometrically the contribution of aid to output growth in a panel of twenty transition countries over nine years (1989-1997). The study finds a positive and statistically significant relationship between foreign aid and growth. A second result is that the positive effect of...

The World Bank, the International Monetary Fund and European Bank for Reconstruction and Development together comprise the foundation of the global and European economic system and are extremely close in the intertwinement of their ideologies, purposes and operations, even though EBRD is not...

As the success rate of international development projects might be still below expectations, several studies have explored whether and how the use of project management (PM) tools might improve internal and external project performance. This article looks specifically at four selected Central...