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Is Decentralization Good For Development: Perspectives from Academics and Policy Makers

Is decentralisation good for development? This book offers insights and lessons that help us understand when the answer is ‘Yes’, and when it is No’. It shows us how decentralisation can be designed to drive development forward, and focuses attention on how institutional incentives can be created for governments to improve public sector performance and strengthen economies in ways that enhance citizen well-being.

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The Washington Consensus Reconsidered: Towards a New Global Governance

This volume brings together many of the leading international figures in development studies, such as 2008 Nobel Prize in Economics winner Paul Krugman, Jose Antonio Ocampo, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyer and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Read more…

Special Drawing Rights and the Reform of the Global Reserve System

Fundamental flaws in the current global reserve system have led to a massive build up of hard currency reserves that, in turn, have helped generate the global imbalances which cause deep systemic vulnerabilities. At the center of the unstable and unequal system is the capricious provision of the global reserve asset by a national entity coupled with the absence of an adequate collective insurance mechanism for states.

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