Risk has been presented as a cause of poverty persistence under imperfect insurance mechanisms.  This paper assesses the ex post effect of hurricane Mitch on consumption growth of Nicaraguan agricultural households.  How persistent was Mitch's direct impact beyond October 1998 damage?  A...

The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing countries, with emphasis on the role of income inequality.  The focus is on the period since the early-mid-1990s when growth in these countries as a group has been relatively...