For centuries it has been believed that the extension of the franchise in unequal societies would lead to relatively high levels of redistribution. According to international rankings, how- ever, among the fourteen most unequal countries in the world, nine have been democratic for at least the...

Economic and political decisions usually involve a trade-off between efficiency and equality considerations. While some inequality is expected to prevail in our soci- eties, high levels of it are objectionable on various grounds. One of the fundamental roles of government is to collect and...

This report presents initial findings from the third round of data collection by Young Lives in Peru, carried out from late 2009 to early 2010 with two age cohorts of children. It gives a broad outline of some of the key indicators of childhood poverty and changes that have taken place in the...

The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...