Globalization, development and governance
The G-20 Economies and the Financial Crisis: Concerns over Governance
The global financial crisis that erupted in late 2007 in the US, and which stemmed from policies implemented over the past three decades, has highlighted a severe problem of financial governance within countries and in the international context itself.
Two Years of G-20 Summits: Adagio Spiccato (ARI)
The G-20 summit in Seoul has taken steps towards a global financial reform, the internal reform of the IMF and the establishment of a new development agenda.
When Banks Cannibalise a State: Analysing Ireland’s Financial Crisis (ARI)
Ireland’s banking crisis was described by the IMF in early 2009 as matching ‘episodes of the most severe economic distress in post-World War II history’, yet measures taken since 2008 to overcome it have only served to worsen the crisis.
The ‘Resource Curse’: Theory and Evidence (ARI)
Mineral and fuel abundance does not determine either the political or economic trajectory of less developed countries.
Links between Resource Extraction, Governance and Development: African Experience (ARI)
This ARI addresses the analytical and empirical links between resource extraction, governance and development, with a focus on the resource-curse thesis. The rent curse is rooted in policy failure, which the theory of rent cycling attributes to the impact of rent on elite incentives and also on development trajectory. The paper provides some examples of conditions that have facilitated this process in the context of Sub-Saharan Africa.
Brazilian Cooperation: a model under construction for an emerging power (ARI)
The media, analysts and markets have focused a great deal of attention on the consolidation of Brazil as an emerging power, mainly in the economic and global governance spheres. However, there is little information and few studies on cooperation as an instrument of Brazilian foreign policy or on Brazil’s role in the new architecture of aid, despite its increasing presence in Africa and its leading role in debates on international development.
Currency Wars: Between Domestic Politics and International Cooperation (ARI)
The incipient currency war could lead to a protectionist escalation that would hinder the global economic recovery. This paper analyses the various angles of the currency war and possible ways of resolving it.
Governance, Growth and Development (ARI)
The promotion of ‘good governance’ has become one of the pillars of development policies proposed by a large majority of development aid agencies. It is based on the view that ‘good governance’ is a pre-requisite for development. The author critically reviews the relationship between governance, growth and development and draws implications that are relevant for Sub-Saharan African countries.
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