Does Financial Development Contribute to Poverty Reduction?

The article examines the contribution of financial development to poverty reduction in developing countries. Building on earlier research which has established links between financial development and economic growth, and between economic growth and poverty reduction, the article tests for a causal process linking financial sector growth and poverty reduction. The empirical results indicate that, up to a threshold level of economic development, financial sector growth contributes to poverty reduction through the growth-enhancing effect. The impact of financial development on poverty reduction will be affected, however, by any change in income inequality resulting from financial development.     

World Bank Lending And Other Financial Flows: Is There a Connection?

At a time when there is a serious debate about reforming the international financial architecture, it is important to understand how existing multilateral agencies affect financial flows to emerging and less-developed countries. This paper extends past research - which has focused on the International Monetary Fund - by examining the various mechanisms through which the World Bank may be associated with other financial flows, and by presenting new empirical evidence based on regression analysis. Little support is found for a positive connection. The implications of this finding for effective reform of the Bank and its various activities are then discussed.     

Are Poverty Reduction Strategy Papers Associated with Reductions in Poverty and Improvements in Well-being?

Should Poverty Reduction Strategy Papers (PRSPs) be the tool for implementing the new Sustainable Development Goals, as they were for the Millennium Development Goals? Surprisingly, despite the controversies around them, there has never been a quantitative evaluation of PRSPs. This paper estimates the impact of having a PRSP on various targets of the Millennium Development Goals. Results suggest that countries under PRSP treatment achieve much greater reductions than control countries, in head count poverty and infant mortality, while also achieving greater improvements in primary school enrolments and gender parity.     

Poverty and Disasters: Do Remittances Reproduce Vulnerability?

Abstract

In many low-income countries, remittances are important in sustaining people’s livelihood and become even more significant during disasters. Meanwhile, the literature suggests that remittances are mainly accessible to middle and upper-income households, rather than to the poorest, thus implying differential capacities amongst households to overcome crises. The present study uses cyclone Evan that hit Samoa in December 2012 as a case study to test this hypothesis. It focuses on the village of Tafitoala and draws on interviews and participatory activities undertaken with the poorest households of the community. It indicates that the poor receive little to no remittances and that they struggled more than the rest of the community to cope with and recover from the cyclone. Their lack of access to remittances had negative consequences on the security and sustainability of their livelihoods. We conclude that remittances reproduce or even increase both inequalities and vulnerabilities existing within the community of origin.     

Can Islamists be secularized? Religion and politics in urban Bangladesh

As in many other Muslim majority states, the Islamist parties play a significant role in the body politic of Bangladesh. Because of their counter-hegemonic modus operandi, the question arises regarding the ability of the Islamists to cohabit democratically in a secular or a quasi-secular political system. The literature on secularization, secularism, and Islam relies on a grand narrative of the reasons to address the question and provides us with polarized answers regarding the Islamists’ ability to accommodate the principle of secularism. However, almost all of the works have been done on the abstract, theoretical level and do not address the interplay of social and political factors in Muslim societies. None of the research on Islamism in Bangladesh addresses Islamist parties’ ability or inability to participate in a quasi-secular, democratic system through acclimating to secularism in the rubric of their political ideology, Islamism. This study therefore examines the grassroots-level socio-political interplays of the Islamist activists with the non-Islamists and analyzes their willingness and ability to accommodate secularism in order to democratically participate in a quasi-secular political system.     

Can there be mercy without the merciful? A meditation on Martha Nussbaum’s questions

Martha Nussbaum raised profound concerns about aid as being conceived out of the self-directed charity of donors and not the expressed concerns of those being aided. Even when the recipients of aid seek to express their concerns, their capabilities may not recognise their own conditions and desirable remedies. This paper agrees that Nussbaum’s questions are profound, but argues that even they do not go far enough.     

Making a Difference? NGOs and Civil Society Development in Russia

The role of non-governmental organisations (NGOs) in the development of Russia's civil society has been the focus of academic study since the collapse of the Soviet Union in 1991. In light of this literature, this article aims to assess the impact of the movement that has most often been seen as very promising for Russia's future civil society development—the environmental movement—by utilising research undertaken in Samara Oblast’ of the Russian Federation. While the results do reveal some positive contributions to civil society development in Russia, they also exhibit many similarities with other studies in the extant literature, illustrating the relative weakness of Russia's social movements in the area of civil society development.     

Can agricultural intensification help attain Sustainable Development Goals? Evidence from Africa and Asia

Market-oriented agricultural intensification is a major development strategy, yet its alignment with sustainable development goals (SDGs) is unclear. We apply indicators for SDG 2 (eradicate hunger) regarding income, food production, food security and land tenure to recent intensifications in Rwanda and Laos to reveal their disaggregated impacts. We find while market-oriented intensification may generate poverty reduction, it also exacerbated marginalisation and poverty through various forms of land tenure insecurity. Ethnicity and gender were influential factors in Rwanda, and post-conflict resettlement policies in Laos. We discuss implications for development practice and selection of suitable indicators to reflect the ambition of the SDGs.     

Migration as a Tool in Development Policy: Caution Ahead?

The World Bank and UNDP have proposed that migration and mobility facilitate economic development. Yet the epidemiological and public health literature has often associated migration and population mobility with the extension and intensification of infectious diseases, most recently epitomised by the AIDS pandemic. Within the context of the well-documented negative developmental impact of AIDS, this suggests a potential clash in perspectives on the role of migration. However, if insights from public health can be incorporated into broader development perspectives, it may be possible to realise the developmental benefits of migration while mitigating or avoiding any associated health concerns.     

Islamic Radicalism in East Africa: Is There a Cause for Concern?

The article explores the development of Islamic radicalism in East Africa by examining specific states. The author argues that the evidence suggests that although Islamic radicalism has not made substantial inroads into the region, it may still do so, as East Africa suffers from political repression as well as socioeconomic problems. The author concludes that the region must undergo significant changes to improve political representation and socioeconomic conditions.     

Post-hegemony and Gramsci: a bridge too far?

This article expands upon the theory of post-hegemony so as to maintain the multitude as an operative political category alongside the State. Ironically, it does so by returning to Antonio Gramsci. It argues that the multitude – or, for Gramsci ‘civil society’ – is constitutive of statal politics in two specific ways: (1) the multitude as a constitutive outside or alterity that the State carries; and (2) constitutive in its positivity, as a productive immanence that affects the social field from which the State is drawn. This relationship of constituent participation – not representation – is demonstrated by investigating changes in politics-as-usual in Venezuela.     

Population and income: Is there a puzzle?

Abstract

This note presents wide evidence on the relationship between population and income for 125 countries for which data was available for the period 1950–2000. The main result is that there is a weak but negative relationship between population growth and per capita GDP, as income increases population expands at a slower rate. This relationship appears to be stronger for African countries and for Asian countries before 1970.