Data from China's national rural and urban household surveys are used to measure and explain the welfare impacts of changes in goods and factor prices attributable to accession to the World Trade Organization (WTO). The price changes are estimated separately using a general equilibrium model to...

A new assessment is made of the developing world’s progress against poverty. By the frugal $1 a day standard there were 1.1 billion poor people in 2001—almost 400 million fewer than 20 years earlier. During that period the number of poor people declined by more than 400 million in China,...