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POLICY PAPERS
November 03, 2016
Energy is critical to human welfare, yet energy consumption in developing countries is extremely low relative to modern living standards. Conventional aid programs have invested in energy production with some success but also with many notable failures. This paper discusses how a distinctive approac...
POLICY PAPERS
July 18, 2016
In spite of the attention received by the short-term crisis, Brazil faces a more serious problem, namely a long-term lack of growth or even perspectives of growth. If Brazil reforms its economic institutions and puts an end to state capitalism and economic nationalism, its labor productivity will gr...
POLICY PAPERS
February 06, 2015
Results-based aid (RBA) is a form of foreign assistance in which one government disburses funds to another for achieving an outcome. This paper distinguishes four different theories used to justify RBA programs and analyzes four case studies – from GAVI, the Amazon Fund, Ethiopian Secondary Ed...