The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article specifies government's stated target of halving...

Financing and the role of aid within the water sector are poorly understood. We estimate the levels of spending achieved in developing countries during the Millennium Development Goals period to be US$80 billion per year. Aid represented a substantial proportion of total sector financing in...

The principle of inclusive development lies at the heart of the Sustainable Development Goals (SDGs), and in particular Goal 16, with its focus on inclusive societies backed by inclusive institutions. Yet despite its ubiquity across the SDGs, inclusivity not only remains ill-defined, but is both...

In this paper, we explore the relationship between foreign aid fungibility and aggregate welfare. Using panel data from 35 low-income and lower-middle-income countries, we first check the presence of sectoral aid fungibility in our sample and find evidence for it. We then use econometric methods...

This paper empirically investigates the link between the level of government revenue per capita and six indicators of quality of governance in an unbalanced panel data set consisting of all countries in the world (217) using data from 1980 to 2020. It uses single-equation GMM techniques and a...

In this paper, we present new projections for a range of global poverty-related Sustainable Development Goals (SDGs), specifically, extreme monetary poverty, undernutrition, stunting, child mortality, maternal mortality, and access to clean water and basic sanitation. Our projections, based on...