Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...

This book highlights strategies for poverty reduction in developing countries, with emphasis on the power of the market mechanism and vigor of the private sector, focusing ODA on a few longer term challenges and leveraging advances in technology to the fullest, and underlining the importance of...

What are the poverty reduction goals of the European development cooperation agencies? This book examines the credibility of their actual record in terms of their commitment and approaches to poverty reduction. The poverty impact of their aid programmes and their good and bad practices are...

This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, including provision, allocation and utilization. Within each of these components, coverage examines scope and limits of aid. The horizontal interactions...

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.

Microfinance is generally seen as a way to fix credit markets and unleash the productive capacities of poor people who are dependent on self-employment. The microfinance sector has grown quickly since the 1990s, paving the way for other forms of social enterprise and social investment. But...

The book examines the extent to which Amartya Sen's conception of 'development as freedom' can be a guide for development policy. It argues that the theoretical foundations of the conception need to be expanded, and that it needs to give more attention to collective and historical dimensions if...

Background to the Social Protection Initiative -- International Instruments -- Definition of the Social Protection Floor -- Adaptive Social Protection -- Country Developments and Initiatives -- Appendices.

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,...

The paper develops a concept and a measure of the monetary capacity of a country to reduce its own poverty and shows how these tools can be used to guide budget allocations or the allocation of aid. The authors call this concept the income lever. Making use of tax and distributive theory, the...