Roughly a little under half of the world's population is mired in poverty, most in the developing world--about 3 billion people constitute the global base of the economic pyramid. Building on earlier work by Banerjee and Duflo (2007), this paper uses survey data from three countries in order to...

Is a dramatic slowdown in global economic growth going to erase much of the progress in the last decade in terms of human development in the developing world‘ How might the crisis affect progress towards achieving the Millennium Development Goals‘ To address these questions, this paper...

Roughly a little under half of the world's population is mired in poverty, most in the developing world--about 3 billion people constitute the global base of the economic pyramid. Building on earlier work by Banerjee and Duflo (2007), this paper uses survey data from three countries in order to...