undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical …

In most developing countries, poverty is more widespread and severe in rural than in urban areas. The author reviews … some important aspects of rural poverty and draws key implications for public policy. He presents a policy framework for … reducing poverty, taking into account the functional differences and overlap between the rural poor. Several policy options are …

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …

integration and improved real prospects are mutually reinforcing. Third, financial integration predicts globalization but the …

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The … why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our …