Of the world's 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars … scourge of absolute economic misery among billions of the world's people is one of the most serious problems facing humankind … today. Unemployment (defined below) befalls about 200 million of the world's people - a sizeable number but small compared …

absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to … poverty reduction: helping the poor earn more in the labour market for the work they do, so that they can buy the goods and … services they need to move up out of poverty. …

countries with respect to poverty reduction, the distribution of income within countries, the distribution of income between … expected. Economic theory, and the historical and contemporary evidence, all provide arguments for protection of industrial …