Perspectives on Global Development

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News

The Asian Drivers and Africa: now available online in The World Economy

11-Dec-2009

The World Economy mini-symposium, co-edited by Development Centre economists, presents findings about the economic impact of China and India in Saharan African countries by Africa-based economists. ‘The Asian Drivers and Africa’ presents case studies on Angola, Ethiopia, Kenya, Senegal and South Africa. These papers form part of a broader Development Centre project which documents the economic, political and social impacts of the two Asian giants on sub-Saharan African countries.

Social Equality workshop, 1-2 December 2009

29-Oct-2009

The Ministry for Foreign Affairs of Finland and OECD Development Centre are holding a Workshop on 'Equality, Poverty Reduction and Sustainable Development' in Helsinki, Finland on 1-2 December 2009. The workshop will provide a forum to discuss equality issues and to promote social and gender equality in development work.

Towards a new reserve currency system?

23-Oct-2009

The US dollar has been the dominant reserve currency for several decades, accounting for about two-thirds of global reserves, but change on international markets is under way. Are the Chinese reminbi or the Euro going to overtake the US Dollar as the world's currency of reference?

Old habits, new donors

22-Oct-2009

Over time, traditional donors of aid to developing countries have set standards and best practices for development cooperation through the OECD’s Development Assistance Committee (DAC). How should these established donors respond to the arrival of new non-DAC donors such as India and China, who may not play by the same rules? The OECD Development Centre’s Sebastian Paulo and Helmut Reisen argue we need to prepare a new set of shared rules that work for emerging economies and traditional donors alike.

African economies have not benefited as much as would be expected from the commodity price boom

22-Oct-2009

The Centre’s Andrew Mold and Annalisa Prizzon contributed a background paper to the European Report on Development (ERD) ‘Overcoming Fragility in Africa’. The paper looks at commodity booms and export performance in the context of sub-Saharan Africa, looking at the record from the perspective of export volumes rather than values.The authors argue that the average export performance during the period of high commodity prices was not as impressive as the previous period when African countries were confronted with very low prices.

Aid conditionality: recipients can say 'no'

25-Sep-2009

Policy conditions placed on aid rarely improve its impact on growth and human development. However, donors continue to place significant conditions on their giving. A new study by Development Centre Senior Economist Andy Mold calls for more modesty from the donor community when defining “good” and “bad” practices, and concludes that the financial crisis should act as a catalyst for a thorough re-examination of aid conditionality. Recipient countries need to say ‘no’ more often to aid with excessive strings attached.

The future of reserve currencies

09-Jun-2009

The majority of countries keep their international reserves in foreign currencies. How safe are those reserves? What are the role and prospects of reserve currencies. Watch Helmut Reisen tackle these issues at the Saint-Petersburg International Economic Forum.

A Tangled Web by Amar Bhattacharya

08-Apr-2009

Everyone agrees on reforming the governance of financial markets, but who will do what remains unclear. Amar Bhattacharya is part of the Non Resident Fellows (NRF) program at OECD Development Centre.

Taking stock of the credit crunch: Implications for development finance and global governance

01-Apr-2009

In the wake of the G-20 summit in London, this new working paper  explores the prospects for development finance and global governance, especially from the perspective of low-income countries. These countries were not responsible for the crisis but are now suffering its consequences. To avoid turning the credit crisis into a credibility crisis, global governance and regulatory reform will need to fully take into account their voices and interests.

Getting More from the Extractive Industries Transparency Initiative

17-Feb-2009

The Extractive Industries Transparency Initiative has directed attention to a sector that has traditionally been veiled in secrecy. However, it has not been effective in producing change. This article—by PGD researchers Dilan Ölcer and Helmut Reisen—analyses why so many resource-rich countries have failed to lower perceived corruption.


Events

Macroeconomic Policy in the Franc Zone: What can the European Central Bank Learn from Africa? Room 4, OECD, Paris

on 21-Feb-2006

The 14-member CFA Franc Zone in West and Central Africa predate the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, a new WIDER study focuses on some of the challenges facing the Franc Zone today.

Cheaper Money for Southern Africa - Unlocking Growth, 7 October 2004 at OECD Headquarters, Paris

on 07-Oct-2004

On 7 October 2004, experts and policy makers debated a central aspect of this deficit in the growth of southern Africa: the weakness of domestic and foreign investment. One of the main aims of the discussion was to explain the high cost of capital faced by both government and the private sector on the local capital markets, and to evaluate the economic impact of these costs.



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