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...

We introduce two separate datasets - the Global Consumption Dataset and the Global Income Dataset - containing an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The benchmark version of the dataset presents estimates in...

The mixed record on the 2015 Millennium Development Goal (MDG) targets and the focus on global public goods in post-MDG debates questions the future of traditional development co-operation (official development assistance, ODA). Meanwhile, international financial crisis and fiscal retrenchment...

This paper provides a preliminary assessment of COVID-19's impact on global poverty in the light of the IMF's April 2020 growth forecasts. The analysis shows that the pandemic will have dramatic consequences, eroding many of the gains recorded over the last decade in terms of poverty reduction....

How do shifts in trade affect social protections for the poor? Although the fraction of the world's population considered the 'extreme' poor has fallen by over one-half over the past quarter century, many of those lifted above the global poverty line remain vulnerable to shocks that could place...

Chapter 1: Introduction -- Chapter 2: Rethinking and Theorizing the Indian State In the context of New Economic Map -- Chapter 3: Global Financial Crisis: What Did We Know, What Have We Learnt? -- Chapter 4: Volatility, Long Memory and Chaos: A Discussion on some “Stylized Facts” in...

Is 'development' passe? Is it merely a by-product or a 'trickle down' effect of economic growth, spurred by globalisation? Will poverty simply diminish with increased global markets? This state-of-the-art critical 'development' reader deals with these and other related questions. "Globalisation,...

Despite the accelerating pace of globalization, it is impossible to ignore the marginalization of the developing world, as billions of people continue to slip deeper into poverty. While many theories, policies, and practices have been proposed to help redress the disparities between the 'haves'...

This book re-evaluates the importance of social policies in shaping well-being and combating exclusion, and enhances understanding of how these policies are formed in a globalizing world. It emphasises the context- and path-dependence of patterns and policies of inclusion and exclusion, and...

This paper makes new estimates of the cost of ending poverty and the global distribution of both the cost and poverty itself. First, the paper discusses definitions of 'ending' poverty, arguing that there is an overemphasis (e.g. SDG 1) on the extreme poverty line which is insufficient for...