By Nicholas Stern, Bertil Tungodden, Ivar Kolstad
The yearly international financial institution convention on improvement Economics (ABCDE) brings jointly the world's most interesting improvement thinkers to give their views and ideas. in recent times, a parallel, moment convention has been held in Europe with an analogous objective of increasing the circulation of rules among thinkers, practitioners, and policymakers within the box of foreign improvement. ABCDE Europe 2003 offers chosen papers from the fourth annual ABCDE Europe conferences, held June 24-26, 2002, in Oslo, Norway. Hosted through the realm financial institution and the Chr. Michelsen Institute, greater than 350 eminent students and practitioners from 50 nations met to planned at the topic 'Towards Pro-Poor Policies'. The papers from periods on relief, associations, and globalization supply either a basic review of hyperlinks among poverty, inequality, and progress, and tackle particular subject matters similar to the seriously Indebted terrible international locations Initiative for debt aid. All ponder the function of guidelines and associations in improvement and poverty relief. during this quantity: an summary by means of Bertil Tungodden, Ivar Kolstad, and Nicholas Stern; papers on reduction via Nicholas Stern, David Roland-Holst and Finn Tarp, Stephan Klasen, Lisa Chauvet and Patrick Guillaumont, and Jean-Pierre dangle, Mireille Razafindrakoto, and Fran?ois Roubaud; papers on associations by way of Mariano Tommasi, Mushtaq Khan, David Dunham, Stanley Engerman and Kenneth Sokoloff, Karla Hoff and Joseph Stiglitz; and papers on globalization via Jomo Sundaram, John Dunning, Antonio Spilimbergo, Juan Luis Londo?o, and Miguel Szekely, Andr?s Solimano, and Oded Stark.
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Additional resources for Annual World Bank Conference on Development Economics-Europe 2003: Toward Pro-Poor Policies--Aid, Institutions, and Globalization (Annual World Bank Conference ... Bank Conference on Development Economics)
1 Aid in general has become far better targeted toward poverty reduction in recent years. With the end of the Cold War, donors became less interested in using aid to achieve geopolitical goals and more interested in using aid to promote development. Large-scale financial assistance is increasingly allocated to countries that have reasonably good policies and institutions, that is, the countries that can best use aid for poverty reduction. At the same time, the improvements in developing countries’ policies mean that within a given country the effectiveness of aid for poverty reduction is likely to have increased.
16). In the jargon of economics, ideas are nonrival and are a public good. Developing countries themselves can take forward ideas about what works in development and what does not. They can scale up good ideas, which they can discover from their own experience or that of others, and development agencies Purchasing power parity. a. 5 <0 of GNI, PPP) Aid (as a percentage 128 13 0 3 15 36 17 19 48 3 with data No. 0 (millions) Population 2000 Source: World Bank (2001b). a. The Atlas conversion factor—used in calculating GNI—is the average of a country’s exchange rate (or alternative conversion factor) for that year and its exchange rates for the two preceding years, adjusted for the difference between the rate of inflation in the country and that in the Group of Five countries.
Such evaluation has strong public good characteristics, in that its benefits are nonrival in use, and so financing or carrying out evaluation is a highly appropriate role for international institutions and governments. To be effective, evaluation must be built into a project from the start. From the perspective of development effectiveness and scaling up, evaluation is not a desirable add-on to a project, but a central component. Finally, there is merit in considering necessary steps, often called conditionality, as a separate instrument, though these are typically packaged with programmatic 34 | NICHOL AS STERN lending.
Annual World Bank Conference on Development Economics-Europe 2003: Toward Pro-Poor Policies--Aid, Institutions, and Globalization (Annual World Bank Conference ... Bank Conference on Development Economics) by Nicholas Stern, Bertil Tungodden, Ivar Kolstad