"The findings of this book will be of considerable interest to professionals and policymakers engaged in policy reforms in foreign aid, and will provide an essential one-stop reference for students of development studies, international finance, and economics."--Jacket

Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense...

Social mobility is the hope of economic development and the mantra of a good society. There are disagreements about what constitutes social mobility, but there is broad agreement that people should have roughly equal chances of success regardless of their economic status at birth. Concerns about...