Journal of International Development – March 2015

Journal of International Development
March 2015 Volume 27, Issue 2 Pages 155–312
http://onlinelibrary.wiley.com/doi/10.1002/jid.v27.2/issuetoc

.
Research Article
Beyond Aid: A Conceptual Perspective on the Transformation of Development Cooperation
Heiner Janus, Stephan Klingebiel and Sebastian Paulo*
Article first published online: 20 OCT 2014
DOI: 10.1002/jid.3045
Abstract
Development cooperation is part of an international system characterised by fragmentation and limitations in global problem solving. Drawing on the term beyond aid, this article explores the transformation of development cooperation within this system. The article distinguishes four dimensions of beyond aid – actors, finance, regulation and knowledge – where aid loses relevance relative to other fields of international cooperation. Creating links to these beyond aid dimensions is at the core of the transformation of development cooperation. Understanding this transformation as a learning process, the article identifies ‘specialisation’ and ‘integration’ as two options for the future of development cooperation.

.
Research Article
Adjustment and Long-Run Economic Performance in 18 African Countries
Fiseha Gebregziabher*
Article first published online: 28 NOV 2014
DOI: 10.1002/jid.3056
Abstract
This paper investigates the link between IMF-World Bank stabilisation-cum-structural adjustment programs and long-run economic performance in 18 African countries on a country-specific basis for the period 1960–2009. We employ a structural break approach to study the impact on long-run growth trajectories of the introduction of adjustment programs. The analysis reveals that only few countries have shown positive and sustained results. The traditional (first-generation) Fund-Bank adjustment package is linked with sustained increase in Gross Domestic Product, export and investment growth rates only in two countries (Ghana and Uganda). Many African economies remained on their pre-reform growth paths whereas some others experienced growth deceleration, despite more-than-a-decade-long adjustment. Taken as a whole, countries in the CFA franc currency zone fared much worse than their non-CFA counterparts because of the different adjustment strategies pursued.