Capturing the findings from the Shanghai Global Learning Initiative, Reducing Poverty on a Global Scale attempts to contribute to the broader existing knowledge on poverty reduction and the effectiveness of aid. The objective is to enlighten development practitioners about observed achievements...

The main focus of this paper is on the potential role that taxation and public expenditure policies play in general in affecting income distribution. We find that progressive personal income taxes and corporate income taxes reduce income inequality. The effect of corporate income taxes seems to...

By financing public goods and services that enhance productivity and promote private investment, public spending is widely believed to be critical for long-run growth. Such effects are distinct from any short-run Keynesian response to a public spending stimulus. While a short-run response...

Development practitioners have been working for half a century to help pull millions of people out of poverty, disease, and fear. However, the challenge of poverty remains enormous. The disparity in levels of income, health, and education across countries grows greater, even as levels of...