Tag: Inequality

 

Will the UK Labour Party’s Big Idea of an Inequality Target Help or Hinder Development?

Blog Post

The UK Labour Party recently set out its ideas on international development in a paper titled “A World for the Many, Not the Few.” There is much to like in the policy paper, including pledges to put in place an effective whole-of-government development approach, to advance DFID’s monitoring of whether aid reaches the most vulnerable and excluded, and to communicate more honestly with UK taxpayers about the successes, challenges, and complexities of development. 

On Labor Mobility, Economic Growth, and Targeted Programs

Blog Post

For at least a couple of decades NGOs and others in developing countries have been designing, evaluating, tinkering, and trying to improve projects and programs that deliver specific in-kind “interventions” to targeted individuals/households in ways that raised their incomes in a sustained way.

Publications

Simply allowing more labor mobility holds vastly more promise for reducing poverty than anything else on the development agenda. That said, the magnitude of the gains from large growth accelerations (and losses from large decelerations) are also many-fold larger than the potential gains from directed individual interventions and the poverty reduction gains from large, extended periods of rapid growth are larger than from targeted interventions and also hold promise (and have delivered) for reducing global poverty.

Strugglers: The New Poor of the 21st Century

Blog Post

Mohamed Bouazizi is the man whose protest sparked the Arab Spring in December 2010. Bouazizi was a typical “struggler,” as in the title of my keynote speech at the Australasian Aid conference several weeks ago: “Strugglers: This Century’s New Development Challenge.” Below is a rough summary of my talk.

The IMF on Protecting the Poor during Fiscal “Consolidations”: Better Late Than Never

Blog Post

Inequality and inclusive growth were high on the agenda of the Annual Meetings of the International Monetary Fund and World Bank earlier this month. We are glad about that, but the under-reported story here is that this prominence marks a dramatic shift in the IMF over the last two decades in the IMF’s approach to the relevant challenges for the poorest countries, including on the issue of social safety nets and social expenditures.

Publications

Globalization is under attack in the West. The debate among pundits is no longer about whether globalization is to blame or not. It is about why globalization is now the bugaboo it has become. A common thread are changes, for the worse, in the economic and social standing of the Western middle class.

Liberians’ Eagerness for Debate Can Bode Well for Accountable Leadership

Blog Post

At the Liberia Development Conference, I laid out four interlinked themes vital to Liberia’s future development progress and to pose questions for conference participants, including what Liberia’s development partners can do to leverage their support with stronger Liberian ownership and concrete enduring results. Here, I summarize my speech’s four themes and attempt to give my thoughts in answer to the question I posed to others.

Publications

This paper presents results on the impact of fiscal policy on inequality and poverty around 2010 in sixteen Latin American countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, Dominican Republic, Uruguay, and Venezuela.

Pages

Experts