Low and middle income countries are responsible for more than two thirds of global greenhouse gas (GHG) emissions. Although climate stabilization is now impossible without effective climate mitigation policies in developing countries, they are in conflict with developing countries’ legitimate...

Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to...

"Indonesia experienced rapid growth and the expansion of the formal financial sector during the last quarter of the 20th century. Although this tendency was reversed by the shock of the financial crisis that spread throughout Asia in 1997 and 1998, macroeconomic stability has since then been...