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Full-Text Articles in Economics
Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley
Argentina's 2001 Default: Foreign Policy Considerations And Consequences, Joshua K. Alley
Celebration
Argentina’s 2001 default was at the time the largest in history, with the Peronist government of Adolfo Rodriguez Saa declaring a cessation of payments on over 80 billion dollars in government bonds. Historically, the political science and economics literatures have emphasized the economic considerations surrounding the decision to default. Recent literature has explored the political motivations for default, but there has been little scholarship on the possible political consequences of default. Some authors have emphasized that default can have important audience costs for leaders, but other issues have been left unexplored. However, it is clear that Argentina’s 2001 default had …
Meeting The Challenge Of Reconstruction And Development In Fragile States: Lessons From Aceh, Haiti, And South Sudan, Josef Leitmann
Meeting The Challenge Of Reconstruction And Development In Fragile States: Lessons From Aceh, Haiti, And South Sudan, Josef Leitmann
International Institute for Infrastructure Resilience and Reconstruction (I3R2) Conference
Reconstruction and development in poor, fragile countries present a double challenge: tackling the issues of poverty and underdevelopment as well as the constraints posed by instability, poor governance, and weak capacity. This context generates a range of problems that include: insecurity, insufficient planning, inadequate implementation capacity, poor financial management, misprocurement, corruption, a volatile fiscal environment, ineffective donor coordination, and negative environmental and social impacts. The paper draws lessons from positive and negative experiences in meeting these challenges in three conflict- and/or disaster-affected cases: Aceh Province, Indonesia (postdisaster reconstruction and postconflict development following the tsunami and earthquakes of 2004), Haiti (postdisaster …