This submission is written by Professor Stephen Howes, Director of the Development Policy Centre and Mr Jonathan Pryke a researcher at the Centre. Professor Howes has twenty-five years of experience working in and on aid and development in the AsiaPacific region. Formerly Lead Economist for India with the World Bank and Chief Economist with AusAID...

This paper traces the changes in economic thinking concerning the case for action on climate change, through an analysis of the work of three eminent economists: William Nordhaus, Nicholas Stern and Ross Garnaut. This paper traces the changes in economic thinking concerning the case for action on climate change, through an analysis of the work...

As part of the APEC Finance Ministers‘ Policy Initiatives of 2008, the World Bank was asked to prepare studies on the current state of economic policies concerning climate change and recommendations for strengthening these policies. This report was prepared as part of the APEC Finance Ministers‘ Policy Initiatives of 2008. Under this initiative, the World...

In 1986, Mosely first drew attention to an apparent paradox in the performance of international aid. Microeconomic data from evaluations of aid financed projects showed a majority of projects were successful, whereas macroeconomic data from regressions of aid on growth were discouraging. The paradox, if real, implied that the aggregate impact of aid was less...

This paper provides an overview of issues relating to aid effectiveness. It argues that it is impossible to give a definitive answer to the question of whether aid is effective, and that it is more useful to ask what can be done to make aid more effective. The paper then groups the various determinants of...