The region has been transformed by these developments, changing from a set of countries that rapidly integrated with the world to one is also aggressively exploiting sources dynamism lie within Asia. But in East Asia now face domestic side-effects rapid growth driven international integration: congestion, conflict, and corruption. challenge complement global regional integration integration. This requires ensuring vibrant cities are not only linked outside but well-integrated domestically,...

The risks of falling into the Middle Income Trap have increasingly become a focus discussions on long-term economic and social development prospects developing countries. These risks, how to minimize them, are being debated at highest levels policy making in some fastest growing emerging economies, even while these countries remain source envy rest world. term is by now also widely used literature as well business-oriented media. We draw satisfaction from fact that our previous writings...

Abstract Monitoring progress towards the fulfillment of Sustainable Development Goals (SDGs) requires assessment potential future trends in poverty. This paper presents an econometric tool that provides a methodological framework to carry out projections poverty rates worldwide and aims at assessing absolute changes global level under different scenarios. The model combines country-specific historical estimates distribution income, using Beta–Lorenz curves, with population by age education...

An Analysis of Russia's 1998 Meltdown:Fundamentals and Market Signals Homi Kharas, Brian Pinto, Sergei Ulatov On August 17, 1998, a little more than month after an international package emergency financing economic reforms was announced, Russia forced to devalue the ruble.1 also declared its intention restructure all official domestic currency debt obligations falling due end 1999 imposed ninety-day moratorium on repayment private external debt, aid commercial banks. The applied these banks'...

This note provides background data and analysis on what has been happening to aid flows the resulting change in architecture. It is based taken from OECD/DAC a review of literature.

Flows of official development assistance (ODA) to recipient countries have been highly volatile and this reduces their value. At the macro level, empirical evidence suggests that ODA can negatively impact growth through several channels. micro volatility affect fiscal planning level composition investment. This working paper develops a simple financial metric policy makers use estimate (and reduce) cost aid volatility. Unlike other estimates, our measure does not depend on parameter...

This paper seeks to explain the factors that inhibit greater collaboration between Development Assistance Committee (DAC) donors and non-DAC donors, arguing problem is less about divergent values than incentives derive from politics of today's aid system architecture, different development experiences. It argues even among like-minded DAC members, progress on coordination cooperation has been disappointing. augurs badly for advocates a more harmonious encompassing broader group partners. On...

The global development community is teeming with different ideas and interventions to improve the lives of world's poorest people. Whether these succeed in having a transformative impact depends not just on their individual brilliance but whether they can be brought scale where reach millions poor Getting Scale explores what it takes expand solutions beyond an village or pilot program so serve people everywhere. Each chapter documents one more contemporary case studies, which together...

With dual exchange rates, where a managed official rate co-exists with floating black market rate, given budget deficit may be consistent many different inflation rates rather than two, which is the normal result in closed economy systems. Further, all these equilibria are saddle-point stable. A policy of adjusting towards cause to converge high-inflation, stable equilibrium money elasticity exceeds unity. The analytics motivated and illustrated by Bolivian hyperinflation 1984–1985.

Journal Article The Long-Run Creditworthiness of Developing Countries: Theory and Practice Get access Homi Kharas World Bank Search for other works by this author on: Oxford Academic Google Scholar Quarterly Economics, Volume 99, Issue 3, August 1984, Pages 415–439, https://doi.org/10.2307/1885958 Published: 01 1984

* Part I* Peace: Breaking the Cycle of Conflict* External finance for state and peace building Marcus Manuel Alistair McKechnie, Overseas Development Institute* Reforming international cooperation to improve sustainability peace, Bruce Jones, Brookings New York University* Bridging local communities through livelihood improvements, Ryutaro Murotani, JICA-RI, Yoichi Mine, JICA-RI Doshisha Postconflict trajectories potential poverty reduction, Gary Milante, SIPRI* II* Jobs: Supporting...

The Brookings Institution is a nonprofit organization devoted to independent research and policy solutions.Its mission conduct high-quality, and, based on that research, provide innovative, practical recommendations for policymakers the public.The Overseas Development Institute (ODI) leading think tank international de-

Abstract Reliable quantitative information on the North Korean economy is extremely scarce. In particular, reliable income per capita and poverty figures for country are not available. this contribution, we provide first time estimates of absolute rates in subnational regions based combination innovative remote-sensed night-time light intensity data (monthly built areas) with estimated distributions. Our results, which robust to use different methods approximate distribution country,...