In developing countries, younger and better-educated cohorts are entering the workforce. This developing world-led education wave is altering the skill composition of the global labor supply, and impacting income distribution, at the national and global levels. This paper analyzes how this...

How many countries are on target to achieve the Millennium Development Goals by 2015? How many countries are off target, and how far are they from the goals? And what factors are essential for improving the odds that off-target countries can reach the goals? This paper examines these questions...

International trade is one of the main channels through which the global financial crisis hits developing countries. The recession in the ‘global North’ triggered by the financial crisis and the resulting slowdown of growth in other major emerging economies will generate declines in demand...