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Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
April 26, 2012
This is a joint post with Julia Clark and Christian Meyer.
Industrial policy—as many have already commented—is back. (See here, here and here).
The recent wave of post-financial-crisis interventionism has reignited the classic (and often heated) debate about whether governments can in...