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pdf,3Mb,English | View long abstract
17-Dec-2008
Emmanuel Frot et Javier Santiso
This paper presents stylised facts about development aid and capital flows to developing countries, comparing volumes and volatilities and finding that foreign aid is not the major source of finance for these countries any more, though not for all regions.
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pdf,1Mb,English | View long abstract
19-Nov-2008
Sebastián Nieto Parra
This paper studies sovereign debt crises during the period 1993‐2006 through the prism of the primary sovereign bond market.
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17-Nov-2008
Eduardo Borensztein, Julia Cagé, Daniel Cohen and Cécile Valadier
The report argues that aid volatility is an important source of volatility for the poorest countries.
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pdf,676Kb,French | View long abstract
24-Oct-2008
Il est important d’analyser quels sont les facteurs qui contribuent à assurer une plus grande cohérence des politiques au service du développement. Une meilleure compréhension des conditions au succès de la CPD permet d’en tirer des enseignements d’ordre stratégique pour les activités futures.
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pdf,545Kb,English | View long abstract
23-Oct-2008
It is important to analyse which factors contribute to better achievement of policy coherence for development (PCD) and what constitute the major challenges. Better understanding of the conditions and building blocks needed for the success of PCD helps to draw strategic lessons for future work.
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17-Oct-2008
Sebastián Nieto Para and Javier Santiso
Political cycles represent a core issue for capital markets in developing and emerging countries. This paper analyses the intricate links between financial markets and emerging democracies and highlights changes in the ways analysts and investors react to political cycles in emerging markets.
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21-Aug-2008
Jante Parlevliet and Theodora Xenogiani
Informal employment is one of the key features of the Romanian labour market and the main concerns of the Romanian government. Informal employment is not new in Romania. This study attempts to shed light on the issue of informal work in Romania.
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20-Aug-2008
Rolando Avendaño, Helmut Reisen and Javier Santiso
Strong growth in China and India has led to improvements in raw-material exporting
countries' terms of trade and attracted complementary finance. The long-term challenge for these countries, where institutions are often fragile, is to avoid the so-called “resource curse”.
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pdf,619Kb,English | View long abstract
03-Apr-2008
Daniel Cohen, Hélène Djoufelkit-Cottenet, Pierre Jacquet and Cécile Valadier
This paper advocates the adoption by donors of a new lending instrument: the countercyclical loan. The idea is to reduce the grace period of a typical concessional loan and to keep the remaining grace periods as an asset that the country can draw upon, when a bad shock occurs.
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pdf,934Kb,English | View long abstract
13-Jan-2008
Edouard Pérard
The southern Mediterranean region faces one of the most important water crises in the world. This Working Paper proposes a new monitoring tool to analyse the institutional organisation of the water sector and to assess the future of private sector participation.
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