Public works programs in developing countries can reduce poverty in the long term and help lowskilled workers cope with economic shocks in the short term. But success depends on a scheme's design and implementation. Key design factors are: properly identifying the target population; selecting...

This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...

Small farms are the largest employment and small business group among the poor. Their businesses use mostly labor and local resources and face local constraints, but at the same time, they are affected by increasingly complex national and global economic changes, which lead to shifts in...

For FDI to help achieve the international development goal of halving absolute poverty, two conditions have to be met. First, poor developing countries need to be attractive to foreign investors. Second, the host-country environment in which foreign investors operate must be conducive to...

Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...