Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in...

Trade policy reforms in recent decades have sharply reduced the distortions that wereharming agriculture in developing countries, yet global trade in farm products continues to befar more distorted than trade in nonfarm goods. Those distortions reduce some forms ofpoverty and inequality but...

We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...

We assess whether the value of humanity (or global social welfare) has improved in the last decades despite (or because of ) the substantial increase in global population sizes. We use for this purpose a relatively unknown but simple and attractive social evaluation approach based on...