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Important differences exist between communities with respect to their needs, capacities, and circumstances. As central governments are not able to discern these differences fully, they seek to achieve their policy objectives by relying on decentralized mechanisms that use local information....
Persistent link: https://www.econbiz.de/10012559768
The World Bank Group recently adopted two overarching goals -- the end of extreme, chronic poverty in the world by 2030 … closely related to the age-old debate on growth versus direct welfare interventions as instruments for countering poverty. The … paper analyzes past trends on poverty and tries to shed new light on this old debate …
Persistent link: https://www.econbiz.de/10012560808