The Subprime Crisis and the Lender of Last Resort (ARI)
This ARI reviews the traditional doctrine regarding the role of central banks as lenders of last resort, in view of the financial crisis which began in the summer of 2007.
Globalization, development and governance
Oil Production in Ghana: Implications for Economic Development (ARI)
This ARI looks at the revenue stream likely to accrue to Ghana from oil production which is to start in 2010 and the implications for the economy.
Remittances for Development?: A Case Study of the Impact of Remittances on Human Development in Ecuador
This paper analyses the impact of remittances on a set of human development variables in Ecuador. It is focused on education and health indicators, as well on some other consumption variables. Prepared by Juan Ponce (Facultad Latinoamericana de Ciencias Sociales – FLACSO, Ecuador) and Iliana Olivié (Elcano Royal Institute’s Senior Analyst on International Cooperation and Development), the study was presented in two workshops held at the Elcano Royal Institute (Madrid) and at CIDOB (Barcelona) on 3 and 5 June 2008, respectively. It was also presented on 10 June in a specific session on Remittances held at the World Bank’s 2008 ABCDE in Cape Town (South Africa).
Remarks by Mr. Kofi A. Annan
Remarks by Kofi A. Annan at the conference of the Spanish Prime Minister José Luis Rodríguez Zapatero, held at the Prado Museum (Madrid) on 16 June 2008 and organised by the Elcano Royal Institute, with the collaboration of the following Spanish institutions: CIDOB Foundation, FRIDE, ICEI and INCIPE.
African Remittances and Progress: Opportunities and Challenges (ARI)
Sixteen million international migrants originate from sub-Saharan Africa and remittance flows have grown in the last few years, but their impact on development remains unclear.
The Impact of the Emerging Powers on the World Economy (ARI)
The emerging powers that have burst onto the world economic scene are causing an unprecedented structural change. This ARI looks at its main implications.
An Assessment of Development Assistance in 2006: Is Aid Declining? (ARI)
The OECD recently published aid figures for 2006. Major debt relief operations in 2005 and varying trends among donors explain the first decline since 2001 in the total volume of development aid.
The Fight Against Corruption: The World Bank Proposal (ARI)
A wide-ranging World Bank anti-corruption strategy is pending approval from the organisation’s Development Committee. This ARI examines the strong political tint that the Bank’s activity might acquire in attempting to conduct in-depth assessment of the level of corruption in member countries.
Alliance of Civilisations or ‘Alliance of the Civilised’?
The successes of the Alliance of Civilisations have been largely presentational. While the need for a new focus in diplomacy in the 21st century is undeniable, the Alliance of Civilisations does not fill the gap. It suffers both theoretical and practical problems, above all in its focus on the conflicts and differences between civilisations and their values, which could even worsen the global climate. However, instead of abandoning it, the Alliance of Civilisations can be reformed, especially by focusing on concrete problems and giving a greater role to NGOs.
Millennium + 5 at a Standstill
The ‘Millennium + 5’ summit was held last September. It was hoped that the Millennium Goals would be backed more solidly and that the strategies so far implemented to reach these goals would be reviewed. However, neither the UN meeting nor the autumn meetings of the International Monetary Fund and the World Bank –held only a few days later– appear to have met the expectations of many sectors in this ‘Year of Development’.
Africa’s last ‘Last Chance’? Reflections on the Commission for Africa and the Millennium Project Reports
It will only have escaped the attention of died-in-the-grain recluses that Africa has recently been firmly placed on the international agenda in a way that was perhaps unthinkable a couple of years ago. Music concerts, television documentaries and, above all, political meetings have all been carried out recently in support of African ‘development’.
Why Changing the Security Council Threatens Broader UN Reform
ARI 106/2005 - 29.7.2005 After a decade of informal