Breger Bush argues that derivatives markets work in the development context as engines of inequality and instability, aggravating poverty among those they are purported to help and highlighting some of the dangers of neoliberal globalization for the poor.

This paper proposes an empirical framework that relates poverty reduction to production growth. We use the GGDC/UNU-WIDER Economic Transformation Database to measure the contribution to growth of productivity improvements within sectors and structural change-the reallocation of workers across...

This paper analyses the land tenure reform that took place in Mexico in 1992 and its PROCEDE programme (Ejido Rights Certification Programme). It considers the counter-agrarian reform's objectives, the context in which it was proposed, and the different actors involved. It delves into the main...

Agriculture is a main contributor to pro-poor growth in Africa, but gender inequalities in the sector hold back agricultural growth and affect household welfare negatively. The sector has been characterized by a lack of gender-disaggregated data and patchy gender-integration in policies and...

Since the mid-1970s, the tropical savanna, known as Cerrado, has been transformed into one of the world's largest grain-growing regions. This book explores how and by what Brazil achieved inclusive and sustainable growth in the Cerrado.

Microeconomic Reform in Britain: Delivering Opportunities for All provides a comprehensive guide to the extensive microeconomic reforms implemented over the last 6 years to realise the UK Government's goals: a stronger more enterprising economy and a fairer society. This companion volume to...

Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the...

The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary threshold in per capita income but it does matter...

The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co-operation playing an increasingly important role. Amidst these...

The Yemen Social Fund for Development (SFD) was established in 1997 with the support of the international community, and in particular the World Bank, to combat national poverty and reinforce the limited existing social safety net. Since its inception, SFD has been widely viewed as successful in...