Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of 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...

The rival opinions expressed by Jeffrey Sachs in his book The End of Poverty and by William Easterly in The White Man's Burden epitomize the dichotomy in the economics literature regarding the role of foreign aid in eliminating extreme poverty. On the one hand, the majority of governments see...

This paper discusses AfT's role in reducing poverty. Using cross-country data for 52 countries during 2000-2011, it assesses whether AfT has had a measurable direct effect on poverty in Africa. The paper finds compelling evidence that AfT has directly impacted on poverty, particularly in LDCs...

Why, after 30 years of aid, were so many African countries no better off in the 1980s than they had been at independence? Why, indeed, were so many of them slipping back and earlier economic achievements being undermined?Concentrating on Sudan, the Poverty of Nations examined what had gone wrong...

This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...

Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of 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...

Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...

Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of 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...