Despite the increasing attention in recent years to the spatial dimensions of economic development, consideration of the importance of space and the recognition that macro, aspatial perspectives can prove to be misleading are not new. Around the world, much of the disappointment with the...

US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...

Rapid economic growth over the past two decades lifted millions of people out of poverty in Central Asia. But the uneven spread of prosperity left many communities struggling to catch up. To support lagging regions within countries, each of the region's five national governments has made...

Boosting convergence and shared prosperity in the European Union achieved renewed urgency after the global financial crisis of 2008. This paper assesses the role of agriculture and the Common Agricultural Program in achieving this. The paper sheds light on the relationship between poverty and...