Income growth is the holy grail of development. At least that’s been the implicit view of much of the development community in recent history. The ultimate aim of development is to improve people’s lives, and GDP growth and income distribution are the yardsticks of this hallowed ground. This is because income (whether spent by individuals or the state via taxation and redistribution) is used to obtain all of the things fundamental to better lives, such as healthcare, education, and nutrition.
With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.