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This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: (1) Labor institutions vary greatly among developing countries but less than...
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Global GDP is more than 100 trillion dollars, yet 10% of the world's population still live in extreme poverty on less than $1.90 per day. No one should have to live like that: alleviating poverty is a minimal moral obligation implied by nearly every secular and religious moral system....
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Mainstream academia’s and neoliberal economists’ failure to exhaustively explain the roots of the 2008 crisis and point a way towards how the world can fully recover from it, made radical theories of poverty and income inequality more popular and relevant as ever. Official World Bank...
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Introduction: Policies for All Seasons: The Post-Cold War Era -- Part I Inequality -- Income Inequality and Effectiveness in Redistribution -- Changing Perspectives on Inequality and Development -- Income Inequality and Labour -- Unions and Wage Inequality -- Economic Transformation and the...
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