In this article, we present an overview of the theoretical and empirical literature on infrastructures and growth. We review the different approaches of this link, starting from the earlier themes of the Big Push and of exogenous growth, to the recent renewal of growth theories and of spatial...

This paper analyses the finanical crisis of Asia in 1997, Russia and Brazil in 1998. It shows the importance of prudential régulations of the financial system, and concludes on the economic and systemic consequences of the crisis for the countries (developing and developed) and for the...

For several years, the conditionality underpinning budgetary support to developing countries has been the object of severe criticism. This criticism has led to the belief that the “ownership of policies” by the recipient country governments is essential for the effective implementation of...