The global financial crisis of summer 2008 rocked markets throughout the world. Evidence of its impact on the urban working poor is only just emerging but is likely to be profound. The paper challenges the accepted argument that globalization and economic growth is good for poverty reduction,...

This paper analyzes the relationship between macroeconomic factors and the income distribution using data on equivalized disposable household income from the United Kingdom for 1961–99. We argue in favour of fitting a parametric functional form to the income distribution for each year, and...

Immediately after 1997 the Asian economies were viewed to be catastrophes of financial excess, corporate and political misgovernance, and diminishing returns to over-investment. But they are now freshly restored as the world’s economic powerhouses, just as before the 1997 financial crises they...

A conference titled 'Forecasting in Rio' was held at the Graduate School of Economics of Getulio Vargas Foundation, Rio de Janeiro, Brazil, in July 2008 to focus on most recent developments in forecasting. One of the papers presented during the conference was titled, 'Predictability of Stock...

The employment effect of climate policy has emerged as an important concern of policy makers, not least in the USA. Yet the impact of climate policy on jobs is complex. In the short term, jobs will shift from high-carbon activities to low-carbon activities. The net effect could be job creation,...

Studies on Indian artisans in the recent times have tended to be guided by the notion of a world market which, it is believed, drove them towards obsolescence through changing tastes or productivity. This framework, however, is not without problems. First, the presence of older industries in...

The paper draws attention to broad issues in international political economy that affect responses to the HIV/AIDS epidemic in the developing world. I argue that stable access to affordable medicines is essential for developing countries to tackle HIV/AIDS epidemics. Developing countries must...

Recent political and academic discourse about devolution has tended to stress the economic advantages of the transfer of power from national to subnational institutions. This 'economic dividend' arises through devolved administrations' ability to tailor policies to local needs, generate...

Although it is commonly accepted that investing in technology and research and development (R&D) is a basic catalyst for the genesis of economic activity, there is less consensus on the spatial significance and returns of the R&D effort for regional and local economies. It is often argued that...

This article uses the European Patent Office Worldwide Patent Statistical Database to examine the geographic distribution and global diffusion of inventions in thirteen climate-mitigation technologies since 1978. The data suggest that until 1990 innovation was driven mostly by energy prices....