The history of financial support for developing countries is seen by many as littered with disappointments and broken promises that have eroded trust to an unprecedented level. The aim of this Comment by Dr. Benito Müller. is to highlight this problem and to propose a solution through a system of certification and registration to be […]
At the heart of any financial architecture debate is the question: who decides who gets how much and for what purpose? In this Comment Dr. Benito Müller. discusses the need to devolve funding decisions to the recipients as well as the need for joined-up decision-making through designated national funding entities.
A recent World Bank Report estimates that ‘climate-proofing’ investments in developing countries – excluding additional investment needed to reduce the exposure to current climate risks and climate related damage that will have already occurred – will cost between $9 and $41 billion annually. In this background paper prepared for the Gleneagles Dialogue, Dr Benito Müller […]
This paper examines the interactions between recent changes in domestic and external finance in Arab countries and developments in their hydrocarbon (oil and gas) sectors. In the last two decades, countries have witnessed three major transformations in their financial and energy sectors, and in the role and size of the state. First, in line with […]
Few areas of development economics have witnessed such a sharp correction to received wisdoms in a space of a few years as has infrastructure finance. Until the 1980s, especially in developing countries, the prevailing trend had been for governments and state monopolies to assume responsibility for the provision and finance of power. By the mid-1980s, […]
The OPEC price escalations of 1973-74 and 1979-80 have had a crucial effect on the world economy and on international trade. Non-OPEC countries have had t o adjust to higher petroleum prices. They have tried to develop alternative energy resources and have invested in various energy conservation measures.
Jonathan Stern on the latest Groningen earthquake: I think it is likely to accelerate even further the phase-out of… https://t.co/d1tGcAIAjp
About 43% of the industrial gas demand in Europe could, in theory, decline in the 2020s as a result of decarbonizat… https://t.co/0iMqP4dCsd
New OIES comment on Saudi Arabia’s challenging balancing act: If premature return of withheld supplies back into th… https://t.co/J0LoxVkSAJ