In recent years, microcredit has gained enormous success in reducing poverty on a global scale. As an efficient financial mechanism, microcredit empowers various impoverished people across communities and cities and enriches them with small loans/or set/employment projects that generate income,...

The research paper comprehensively and consistently addresses all relevant theoretical areas related to the topic and includes an extensive empirical analysis of the absorption of EU funds and their impact on the sustainable development of Croatia, Slovenia, Hungary, and Poland. The analysis...

Foreclosing the Future shows how the World Bank's failure to address the challenges of the 21st Century has implications for everyone in an increasingly interdependent world. Rich depicts how the World Bank is a microcosm of global political and economic trends--powerful forces that threaten...

Since the late 1990s a selection on policy approach to aid was advocated such that more aid should be allocated to countries with good policies. A number of donors accepted this recommendation, including the World Bank, but there is little evidence that this has occurred. Donors, including the...