Why have anti-corruption efforts often failed? Current thinking on corruption has largely overlooked the profound implications of its contested nature, which paradoxically makes it an effective yet highly dysfunctional 'tool of government.' As a tool of government, it helps execute policies and...

This book examines poverty as a structural problem caused by the way economic systems operate. It poses a simple question: Why do poor people earn less? Case studies in Bolivia, Brazil, Chile, Colombia, Costa Rica and Peru find the poor caught in a vicious circle. They lack sufficient access to...

This book breaks away from the exclusively macroeconomic focus of development studies to bring the spotlight to the place where decisions are made: households. Complementing this microeconomic view with an aggregate approach, this volume uncovers clues to declining fertility, skyrocketing female...

This book breaks away from the exclusively macroeconomic focus of development studies to bring the spotlight to the place where decisions are made: households. Complementing this microeconomic view with an aggregate approach, this volume uncovers clues to declining fertility, skyrocketing female...

This book examines poverty as a structural problem caused by the way economic systems operate. It poses a simple question: Why do poor people earn less? Case studies in Bolivia, Brazil, Chile, Colombia, Costa Rica and Peru find the poor caught in a vicious circle. They lack sufficient access to...

This paper analyses the issue of consumption risk-sharing in the 20 Italian regions during the period 1983-94. The tests proposed allow for regional specific departures from the hypothesis of complete risk-sharing and for the existence of non-separabilities among groups of commodities. Empirical...

This paper analyzes the stochastic convergence in per capita income levels among the current G-7 over the period 1900-89. We show that, in the presence of possible structural breaks, the strong condition of stationary pair-wise differences between per capita GDP holds in many more cases than...