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Searching with a thematic focus on Aid and debt, Finance policy
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What did structural adjustment adjust?: the association of policies and growth with repeated IMF and World Bank adjustment loans
Center for Global Development, USA, 2002This paper analyses some particular characteristics of IMF and World Bank adjustment loans and attempts to explain the relationship between adjustment policies and growth in developing countries. In particular, this study considers the repetition of adjustment loans to the same country not effective at generating the growth necessary to service the debt.DocumentSovereign debt restructuring mechanism: further considerations
International Capital Markets, IMF, 2002This paper from the International Capital Markets, Legal, and Policy Development and Review Departments revisits the rationale for the Sovereign Debt Restructuring Mechanism (SDRM) and distills a number of its key features.It discusses the scope of debt to be covered under the SDRM, with particular focus on the treatment of domestic debt and debt owed to bilateral official creditors.DocumentA guide to gender-sensitive microfinance
Sustainable Development Department, FAO SD Dimensions, 2002There is ample evidence that microfinance programmes should be highly targeted to the specific context and group of people they are operating with.The FAO Socio-economic and Gender Analysis (SEAGA) Programme has carried out a guide to gender-sensitive microfinance in order to ensure that:socio-economic and gender issues are taken into account when starting or developing a microfinance pDocumentAn analysis of IMF conditionality
Harvard Institute for International Development, Cambridge Mass., 2002When the IMF was established as an institution for monetary cooperation there was no reference to conditionality.DocumentHIPC initiative: the IMF’s response to critics
International Monetary Fund, 1998This document provides a list of IMF’s responses to the most common critics to the HIPCs Initiative.DocumentBudget support versus project aid: a theoretical appraisal
International Monetary Fund, 2001Foreign aid has had at best a mixed impact on developing countries. One reason for the frequent failures of aid to bring about pro-poor social programmes is that aid programmes do not always create the right incentives for recipients to implement social programmes.DocumentMoving to budget support
Development Assistance Committee, OECD, 2001How can we support poverty reduction programmes while building the capacity of local institutions and promoting accountability? This policy document was written by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD).DocumentFinancial crises and poverty in emerging market economies
Center for Global Development, USA, 2002This study analyses the impact of the principal financial crises on the incidence of poverty in emerging markets. The growth impact is first identified by comparing average per capita growth in the two years prior to the crisis to that in the crisis year and the following year.DocumentPolicy selectivity foregone: debt and donor behaviour in Africa
Center for Global Development, USA, 2002On the premise that aid is more effective when the recipient country’s policy and institutional environment satisfies some minimal criteria, this paper:assesses the dynamic behind the high net resource transfers of donors and creditors to the countries of sub-Saharan Africa in the 1980s and 1990sanalyses a panel of 37 recipient countries over the years 1978-98The key findings oDocumentManaging fiduciary risk when providing direct budget support
Department for International Development, UK, 2002The increasing adoption of poverty reduction strategies presents an important opportunity to reform the relationship between donors and developing countries. Donor assistance should be provided in a way that builds, rather than undermines, recipients’ sustainable capacity to design and implement these strategies.Pages
