International Finance and the Developing World: The Next Twenty Years

international finance, capital flows, development

The International Mobility of Cultural Talent

migration, culture, intellectual property

Agricultural Development for Peace

agriculture, conflict, peace, international trade

Development Policy: An Introduction for Students

This paper discusses development policy objectives, noting how these have changed over the years, with a more explicit focus on poverty reduction coming recently to the fore. It also examines the relationship between economic growth and poverty reduction. The paper then discusses how to achieve economic growth, starting with the caveat that growth must be environmentally sustainable, and moves on to the big question of the respective roles for the market mechanism and the state in allocating society?s productive resources. The paper next discusses how economic reform has been implemented, and the political difficulties that arise. It concludes that getting development policy right has the potential to lift millions out of poverty.development, poverty, human development, inequity

A Global Lottery and a Global Premium Bond

Proposals are evaluated, from both an economic and an ethical viewpoint, for development funding through a global lottery, along with a complement to this: a global premium bond (a loan instrument in which the interest takes the form of a lottery prize, the capital being repayable on request, so that it has the characteristics of a savings product, which makes it potentially attractive to ethical investors). The chapter starts by looking at how a global lottery might work, evaluating the issue by discussing lottery operators and their regulation, the market for lotteries, competition between the global lottery and national lotteries, the challenge posed by Internet gambling, revenue-raising potential, cross-county equity, distributional and welfare effects, ethical issues, and development education. The potential for a global premium bond is then analysed, summarising the UK premium bond scheme as a model for a global version, setting out the modalities of a global premium bond and highlighting the differences from a global lottery. It is concluded that global versions of both a lottery and a premium bond are viable and complementary in mobilizing more development finance

The Triple Crisis: Finance, Food and Climate Change

Triple Crisis, Finance, Food, Climate Change

Taxation and Fiscal Reform in Ghana

Fiscal policy, Taxation, Ghana, Sub-Saharan Africa

Overcoming the Fiscal Crisis of the African State

Sub-Saharan Africa, Conflict, Economic reform, Debt relief

The New Global Determinants of FDI Flows to Developing Countries: The Importance of ICT and Democratization

foreign direct investment, ICT, democracy, panel data

Ethiopia's New Financial Sector and Its Regulation

sub-Saharan Africa, Ethiopia, conflict, economic reform