How Developing Countries Can Do More With Less
JOHANNESBURG—As donor governments slash aid budgets, and multilateral institutions come under increasing financial strain, development organizations must confront the combination of growing need and declining resources. How to address persistent challenges such as poverty and inequality, climate change, and humanitarian crises with fewer resources is an especially urgent question in Africa, where many countries have long relied on external financing to support essential programs and services.
Jacopo Landi/NurPhoto via Getty Images Economics 0 What the World’s Oldest Bank Reveals About EU Financial Integration Lucrezia Reichlin highlights the political implications of Banca Monte dei Paschi di Siena's defense against a takeover bid.
What the World’s Oldest Bank Reveals About EU Financial Integration
KCNA/AFP via Getty Images Longer Reads 1 The Gospel of the Great Leader Yoon Young-kwan traces the Christian roots of an atheist state that demands near-religious devotion to its ruling family.
The Gospel of the Great Leader
Tasos Katopodis/Getty Images Economics 1 Is the Trump Treasury Panicking? Kenneth Rogoff warns that fiddling with bond maturities won’t save the US from the painful fiscal choices ahead.
Is the Trump Treasury Panicking?
The answer lies in how development is monitored and evaluated, often framed as a neutral, technical exercise measuring whether projects have achieved their objectives. In fact, evaluation is deeply political: it reflects what is seen as important and whose knowledge is trusted, and it influences which programs continue to receive funding.........
