Development Policy Review最新文献

{"title":"At peace with results: Navigating results in Swedish peacebuilding support","authors":"Janet Vähämäki,&nbsp;Fredrik Söderbaum,&nbsp;Annika Hilgert,&nbsp;Susanna Alexius","doi":"10.1111/dpr.70104","DOIUrl":"https://doi.org/10.1111/dpr.70104","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>This study contributes to the literature on the conditions under which results-based management (RBM) practices enhance or undermine development policy implementation, and research on how aid bureaucrats respond to competing institutional demands.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>The case of the Folke Bernadotte Academy (FBA), the Swedish government agency for peace, security, and development, contributes to the relatively limited literature on RBM in peacebuilding contexts.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and methods</h3>\u0000 \u0000 <p>The analysis of FBA's responses to competing results demands is based on a qualitative research design combining document analysis, focus group interviews, and in-depth semi-structured interviews with staff across organizational functions. The analytical framework centres on institutional logics and strategic responses to conflicting institutional demands, and an ideal-typical model is developed representing two co-existing institutional logics for results: a Public Administration (PA) logic associated with requirements of upward accountability, precise measurement requirements and a Field-based (FB) logic rooted in demands for adaptive, partner-oriented implementation practices.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>At FBA, results are predominantly interpreted in line with the FB logic, and few tensions between the logics are found. The less internally represented demands aligned with the PA logic on RBM are strategically redefined and decoupled from core operations using pragmatic bureaucratic skills, specifically a response we define as <i>reversed commensuration</i>. The case also reveals the use of <i>proper organization proxies</i> (legitimate structures, processes, and methods) to signal adherence and future results on the way.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy implications</h3>\u0000 \u0000 <p>Contrary to hegemonic beliefs in the field, the findings indicate that the tensions and adverse consequences commonly associated with RBM are not inevitable. The FBA case demonstrates how agencies can mitigate the dynamics of “result fetishism” by strategically mediating competing results demands while sustaining flexibility and responsiveness to partner priorities and avoiding hyper bureaucracy.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70104","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Daughter vs. daughter-in-law: Kinship roles and women's time use in India","authors":"Tanu Gupta,&nbsp;Digvijay S. Negi","doi":"10.1111/dpr.70107","DOIUrl":"https://doi.org/10.1111/dpr.70107","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Women's labour force participation in India remains low despite improvements in education and economic conditions. Household organization and kinship relations may shape women's opportunities for paid work by influencing how unpaid work is allocated among women within the same family.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This study examines whether women's participation and time allocation differ according to their kinship position within Indian joint households. In particular, it compares daughters-in-law with unmarried daughters of comparable age and educational attainment residing in the same household.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and Methods</h3>\u0000 \u0000 <p>We use nationally representative data from India's Periodic Labour Force Survey and Time Use Survey. Using household fixed effects and controlling for age and education, we compare daughters-in-law and unmarried daughters within the same household. Additional comparisons involving married daughters, mothers-in-law, narrower age groups, and households with and without children assess alternative explanations for the observed differences.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>Daughters-in-law are less likely to participate in paid employment and substantially more likely to undertake domestic work than unmarried daughters. Time-use estimates show that daughters-in-law spend about 245 additional minutes per day in home production, including domestic chores and caregiving, while spending less time in paid employment, learning, socializing, leisure, and self-care. They also spend more time on religious activities. These patterns remain across several alternative samples and comparisons and are consistent with an important role for kinship position and household hierarchy in women's time allocation.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>Policies seeking to increase women's participation in paid work may need to address household- and community-level norms, bargaining constraints, and expectations surrounding unpaid work alongside conventional interventions focused on skills, employment opportunities, and childcare. Because the analysis is descriptive, these implications should be interpreted as suggestive rather than causal.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70107","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Threading the needle: The delicate art of designing debt-for-nature swaps","authors":"Alexander Dryden","doi":"10.1111/dpr.70105","DOIUrl":"https://doi.org/10.1111/dpr.70105","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Debt-for-nature swaps (D4NS) have re-emerged as a potential instrument to address the dual challenges of sovereign-debt distress and environmental degradation. Despite their growing use, particularly since 2021, their effectiveness as a “triple win” for debt relief, fiscal space, and conservation outcomes remains unclear, with existing evidence largely fragmented and case-study-based.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This article aims to evaluate the effectiveness of D4NS across their evolution and to identify the conditions under which they can simultaneously deliver meaningful debt relief and environmental outcomes. It asks: how have D4NS performed across different generations and what design features are required to improve their impact?</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and Methods</h3>\u0000 \u0000 <p>The study compiles a transaction-level database of 169 D4NS across 45 countries between 1987 and 2025. Building on earlier historical inventories, the database harmonizes available information on the face value of debt treated, repurchase terms, and environmental proceeds, enabling comparisons across transactions and generations. It introduces a financial assessment framework based on three core metrics: debt volume, repurchase discount, and environmental proceeds. These metrics are used to compare swaps across time and document recurring empirical patterns in their fiscal and environmental performance.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>The analysis shows that early D4NS were environmentally effective but small in scale, while later generations achieved larger volumes, but often at the cost of weaker environmental outcomes and limited net debt relief. Nearly 70% of swaps occur during periods of debt distress, indicating that meaningful discounts, and thus fiscal gains, are rarely available outside crisis conditions. Overall, most swaps fail to simultaneously achieve all three objectives.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>D4NS are not a standalone solution but can play a complementary role in debt and climate strategies if carefully designed. The paper proposes a fourth generation of D4NS centred on a pre-funded distressed-debt facility to capture market dislocations, enabling larger-scale debt relief and improved environmental outcomes through faster and more opportunistic execution.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70105","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205553","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Caribbean SIDS productivity collapse: Growth accounting evidence and policy pathways for revival","authors":"Olugbenga A. Onafowora","doi":"10.1111/dpr.70097","DOIUrl":"https://doi.org/10.1111/dpr.70097","url":null,"abstract":"&lt;div&gt;\u0000 \u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Motivation&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Caribbean Small Island Developing States (SIDS) have fallen off-track on multiple Sustainable Development Goals due to a sustained post-2000 productivity collapse that eroded earlier Millennium Development Goals gains. With the 2030 deadline approaching, restoring productive capacity is both an economic and development urgency, with direct implications for SDG 8 (decent work and economic growth), SDG 9 (industry, innovation, and infrastructure), SDG 7 (affordable and clean energy), and SDG 13 (climate action).&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Purpose&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;This study documents and explains the long-term growth deceleration in Caribbean SIDS and identifies a sequenced structural reform agenda to reverse it. Taking the growth accounting diagnosis of Amundsen et al. (2025) as the empirical baseline, the article asks: which productivity components drive the slowdown, and what reforms could restore growth momentum and re-engage the region with the SDGs? The primary contribution is a policy-oriented companion analysis that links aggregate patterns to microeconomic constraints and develops an actionable, politically realistic, three-phase reform package.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Approach and Methods&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Growth accounting decomposes real GDP growth and potential output across two periods (1981–2000 and 2001–2019) for 15 Caribbean economies, with real GDP growth also reported for 1980–2000 and 2001–2023. Contributions from total factor productivity (TFP), human capital, population, and physical capital are estimated and compared, with robustness checks across capital share, depreciation, and human capital specifications. The findings are linked to microeconomic constraints through firm-level and sectoral evidence framed as hypotheses consistent with the aggregate residual.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Findings&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Average real GDP growth fell from 2.64% to 1.45%, while potential growth declined from 3.3 to 1.6 percentage points. TFP contributions collapsed 83% (0.6 to 0.1 pp) and human capital plus population contributions fell 53% (1.5 to 0.7 pp); together these productivity-related factors explain 76% of the deceleration. A three-phase reform agenda follows: regulatory digitalization and e-government (Phase I); financial deepening via digital payments and insolvency reform (Phase II); and renewable energy transition through regional cooperation (Phase III).&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Policy Implications&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Macroeconomic stabilization is necessary but insufficient. Coordinated structural reforms tar","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Unequal shades of green: A human rights review of Indonesia's green finance policies","authors":"Johanes Widijantoro,&nbsp;Muhammad Adlin Saputra","doi":"10.1111/dpr.70106","DOIUrl":"https://doi.org/10.1111/dpr.70106","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Indonesia's green finance policies (GFPs) have been evolving, but questions remain about their consistency with human rights (HR) and social justice. This issue is particularly important as the green transition can generate social exclusion and uneven impacts on affected communities if environmental objectives are pursued without substantive rights-based safeguards.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This article reviews the extent to which green finance instruments, such as taxonomies and certified green actions, align with social justice as an integral part of sustainable development. It specifically assesses whether existing GFPs provide substantive safeguards against social exclusion and structural inequality beyond procedural and environmental compliance.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and Methods</h3>\u0000 \u0000 <p>Drawing on a pragmatist paradigm, it employs desk analysis and normative juridical review to examine Indonesia's GFPs and their alignment with three dimensions of HR: the right to a clean and sustainable environment, equitable access to green finance, and protection against social and economic inequalities. The desk analysis covers academic literature, policy documents, reports, and local newspaper reports, while the normative juridical review assesses the legal status and substantive content of relevant GFP regulations.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>The findings indicate that existing policies are primarily administrative in nature and focused on environmental classification, meeting formal legal and regulatory requirements but offering limited substantive safeguards against social exclusion and structural inequality affecting local communities. Persistent gaps between the regulatory framework and on-the-ground implementation result in divergence from the sustainability principle of “Do no significant harm.”</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>The review highlights the risks of social exclusion and structural inequality in the green transition, underscoring the need for an HR-based regulatory framework. Beyond Indonesia, it also highlights how prioritizing proceduralism to secure public legitimacy while sidelining instrumentalism may erode social justice. It also extends the literature on GFP and sustainability by foregrounding how regulatory proceduralism may obscure rights-based accountability, a dimension underexplored in global GF discourses.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149100339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Beyond smooth transition: Botswana's post-LDC graduation growth resilience and policy lessons for graduating LDCs","authors":"Emre Özsalman,&nbsp;Tayfur Bayat","doi":"10.1111/dpr.70103","DOIUrl":"https://doi.org/10.1111/dpr.70103","url":null,"abstract":"&lt;div&gt;\u0000 \u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Motivation&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Graduating from least developed country (LDC) status can create economic vulnerabilities due to the gradual withdrawal of LDC-specific international support measures. Although many countries have graduated, the LDC literature has focused on the support provided by the status or the potential losses after graduation and empirical evidence examining the long-term economic performance and resilience to external shocks of graduating countries is limited. The experience of Botswana, the first country to graduate from LDC, offers a unique example for evaluating whether graduation leads to a structural break in economic performance.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Purpose&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;The purpose of this study is to investigate how Botswana maintained its growth resilience after graduating from LDC status in 1994 and what policy recommendations this experience can offer to countries graduating in the future. More specifically, this study aims to assess whether Botswana experienced a structural shift in its economic trajectory following the LDC graduation and whether the country made a smooth transition to the post-graduation process.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Approach and Methods&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;This study applies the multiple structural break test developed by Bai and Perron (1998) to identify key turning points in Botswana's economic trajectory. Since Botswana meets the LDC graduation requirement solely through gross domestic product (GDP) per capita, the study uses annual data on GDP per capita and gross domestic savings as a percentage of GDP from 1960 to 2022, focusing on both income performance and local savings capacity. The structural break test aims to determine whether Botswana's LDC graduation in 1994 caused a structural disruption or a smooth transition in the economy.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Findings&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;The first break after graduation occurred in 2008, 14 years after Botswana graduated from the LDC, coinciding with the global economic crisis. This indicates that graduation did not lead to a sudden structural disruption in the country's economic trajectory and that the graduation process was relatively “smooth”.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Policy Implications&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Botswana's experience provides important lessons for countries approaching the same status. The findings demonstrate the necessity of supporting macroeconomic stability with fiscal discipline and long-term development plans to sustain post-graduation growth resilience. In this respect, Botswana can serve as a useful policy reference for coun","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149099378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Engendering China-Africa development cooperation: A Southern feminist perspective","authors":"Yiping Cai","doi":"10.1111/dpr.70102","DOIUrl":"https://doi.org/10.1111/dpr.70102","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>China's leadership has increasingly articulated commitments to gender equality and women's development within international cooperation frameworks, including successive Beijing Action Plans. However, research and policy debates on China-Africa development cooperation continue to prioritize macroeconomic, financial, and geopolitical analyses, paying limited attention to gendered impacts at the project and community levels.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This article examines the gap between how gender is framed in China's international development cooperation policies and how China's development initiatives shape gendered outcomes across African and other contexts of the Global South.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and Methods</h3>\u0000 \u0000 <p>The article applies a Southern feminist research approach, grounded in dialogue, co-production of knowledge, and critical self-reflection. It draws on textual analyses of China's official documents alongside DAWN's collaborative empirical research on the gendered impacts of China's development initiatives in the Global South.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>Engendering China-Africa cooperation through a Southern feminist perspective requires reimagining development cooperation as a political, relational, and rights-based process. This means moving beyond narrow notions of women's development towards a transformative agenda that addresses structural inequalities, amplifies women's agency, and builds shared accountability across borders. As cooperation continues to expand in scale and scope, integrating Southern feminist knowledge and practice will be crucial to ensuring it advances not only economic development but also gender justice and women's human rights.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>Key implications include integrating gender analysis into project design and evaluation, strengthening gender-responsive due diligence and accountability in overseas investment, and supporting African feminist and civil society participation as essential partners in development cooperation.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 6","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70102","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149099294","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Uncertainty in policy, uncertainty in markets: The dynamic relationship between economic policy uncertainty and carbon prices in China","authors":"Jingyi Wang,&nbsp;Shu Wang,&nbsp;Weijiang Liu,&nbsp;Baicheng Zhou,&nbsp;Siyi Wang","doi":"10.1111/dpr.70101","DOIUrl":"https://doi.org/10.1111/dpr.70101","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Stable and credible carbon price signals are essential for emissions abatement, efficient resource allocation, and low-carbon investment. However, carbon markets remain highly dependent on policy design and implementation, meaning that greater uncertainty in economic policy could disrupt firms' production, compliance, and allowance-holding decisions. Understanding how uncertainty is transmitted into carbon prices is therefore important for improving the effectiveness and resilience of emerging emissions trading systems.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This study examines whether and how economic policy uncertainty affects carbon prices in China, how these effects evolve over time and differ across pilot markets, and through which economic and institutional channels they operate.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and methods</h3>\u0000 \u0000 <p>Using monthly data from China's eight regional pilot carbon markets between January 2015 and December 2025, this study constructs a trading-volume-weighted composite carbon price index. It estimates a stochastic volatility time-varying parameter factor-augmented vector autoregressive model incorporating 55 macroeconomic, financial, energy and environmental indicators, and conducts robustness and mechanism tests.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>Economic policy uncertainty is incorporated rapidly into carbon price formation, with the strongest responses concentrated in the first four months and gradually converging thereafter. Composite carbon prices respond positively in most periods, although some episodes exhibit an initial decline followed by recovery. The direction, magnitude, and persistence of the responses vary substantially across markets. Macroeconomic conditions, energy prices, and institutional constraints amplify these effects by altering allowance demand, tradable supply, abatement costs, and compliance expectations.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy implications</h3>\u0000 \u0000 <p>Carbon-market governance should enhance policy stability, transparency, and advance communication; strengthen market depth, information disclosure, and price discovery in accordance with regional conditions; and improve coordination among macroeconomic, energy, and environmental policies. These measures would help reduce abrupt price adjustments and strengthen market resilience to uncertainty shocks.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 5","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149047858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Trade securitization and development policy in Vietnam after 2020: From integration maximization to development resilience","authors":"Nguyễn Thị Thanh Bình,&nbsp;Nguyễn Anh Cường","doi":"10.1111/dpr.70100","DOIUrl":"https://doi.org/10.1111/dpr.70100","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Highly open, FDI-dependent developing economies are increasingly exposed to geoeconomic shocks. Since 2020, pandemic disruption, supply-chain reconfiguration, tariff politics, technology controls, and sanctions have made trade policy inseparable from development resilience.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This article examines how Vietnam has recalibrated development policy after 2020 in response to the securitization of trade and investment. It treats bamboo diplomacy not as the central object of analysis but as one policy instrument for protecting market access, upgrading value-chain participation, and preserving policy space.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Methods and Approach</h3>\u0000 \u0000 <p>The study combines structured/focused comparison and process tracing. It compares six external relationships that function as critical nodes in Vietnam's development exposure—the United States, China, Japan, Singapore, South Korea and Russia—and cross-checks these relational patterns against sectoral evidence. The analysis uses official statistics, government documents, international databases and policy statements on trade, FDI, technology, energy, rules of origin, and social resilience.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>Vietnam's post 2020 shift is best understood as a movement from integration maximization to risk governance. Diversification, technology-oriented upgrading, compliance buffering, and autonomy preservation have widened policy options, but policy space is not equivalent to development capability. The development payoff depends on domestic supplier upgrading, technological absorption, origin substantiation, traceability, labour skills, standards enforcement, social protection, and inter-agency coordination. The evidence therefore points to partial rather than completed upgrading.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>For economies such as Vietnam, development policy can no longer be separated from geoeconomic risk management. Compliance infrastructure should be treated as development infrastructure: origin verification, traceability, conformity assessment, and supplier data increasingly determine whether firms can retain market access and move into higher-value production. FDI policy should similarly shift from volume maximization toward spillover governance, supported by supplier development, skills, green and digital upgrading, adaptive social protection, and cross-government risk monitoring.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 5","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149047853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mandates without authority: Gender desk officers and the implementation gap in Ghana's decentralized governance","authors":"Janet Adenyo,&nbsp;Yoorim Bang","doi":"10.1111/dpr.70099","DOIUrl":"https://doi.org/10.1111/dpr.70099","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>Despite sustained global and national commitments to gender equality, women remain significantly underrepresented in local governance leadership across many Global South contexts. This persistent gap raises important questions about why formal policy frameworks fail to translate into meaningful changes in leadership outcomes.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This study examines how and why gender equality policies are not effectively implemented within Ghana's decentralized local governance system, with particular attention to the role of gender desk officers. It asks how cultural norms and institutional arrangements interact to shape women's leadership participation, and how the positioning of gender desk officers influences policy implementation outcomes.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Approach and Methods</h3>\u0000 \u0000 <p>The study adopts a qualitative research design based on semi-structured interviews with female leaders, male leaders, and gender desk officers across metropolitan, municipal, and district assemblies in Ghana. The thematic analysis focuses on how gender equality policies are interpreted and operationalized within local governance structures.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>The findings show that barriers to women's leadership operate as interlocking cultural and institutional constraints. Although gender equality policies exist formally, their implementation is mediated through gender desk officers who lack formal authority, dedicated resources, and integration into core decision-making processes. This results in a persistent implementation gap, where gender mainstreaming remains peripheral and leadership outcomes remain largely unchanged.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>The study suggests that improving gender equality outcomes in local governance requires moving beyond policy commitments towards institutional reform. Strengthening the formal authority, resourcing, and organizational positioning of gender desk officers is essential to enable effective policy implementation and to address structural barriers to women's leadership within decentralized governance systems.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"44 5","pages":""},"PeriodicalIF":2.1,"publicationDate":"2026-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148994186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}