Too few donors have acknowledged the possibility that aid flows may damage the policy environment... what practical steps suggest themselves?
The private sector can help here: one output-based model of disciplined aid uses the private sector to deliver results, providing grants only after those results are confirmed.
Many worry than China’s dramatic success has diverted FDI flows away from other Asian economies. Benoît Mercereau claims that perhaps these concerns are exaggerated:
Here's an interesting business question: if roughly two-thirds of the world's population makes USD1,500 or less per year, why try to sell them expensive, bulky goods and services originally designed for consumers who easily make twenty times as much?
The OECD has released its first economic survey of China, which claims that the private sector has become the basis of economic expansion.
UNCTAD has released their 2005 World Investment Report. This year’s edition highlights that developing countries are leading the FDI recovery, as flows to developed nations continue to decline. The second part of the report is a focus on the surge in research and development internationalization by global firms and the implications of these trends for host and home countries.
The New Zealand Education Forum has released the latest issue of their SubText newsletter. Among other things, this issue includes a summary of James Tooley on how private education can serve the world’s poor, Caroline Hoxby on the effectiveness of charter schools, and the (possibly positive?) future of schooling in New Orleans.
The latest AccessFinance newsletter is out, highlighting a new WB-DFID measurement initiative, the latest research on remittances and an 'unorthodox' project in Albania and Moldova. It also includes links to the most recent research and newsletters, as well as upcoming events.
Also see the latest from the IMF on banking reforms to increase credit access in Sub-Saharan Africa.