During the last half century, the economic performance of the developing world has been far from uniform. Developing countries were polarised into those that made great progress in catching up and those that were mired in stagnation. Many African countries belong to the second group. Therefore,...

During the 1998 Second Tokyo International Conference on African Development (TICAD II), a set of ambitious poverty reduction and human development goals were established for the Africa region, drawing on and reaffirming commitments made three years earlier at the First TICAD conference and at...

This paper analyzes the distributional impacts of recent debt relief initiatives among four groups of countries: the heavily indebted poor countries (HIPCs), the other IDA-eligible countries, the non-IDA developing countries, and the industrialized countries. The distributional impacts are...