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The basic narrative on climate change between the rich and poor worlds has been problematic. The focus on emissions has made industrial countries inadequately sensitive to the unmet energy needs in developing countries. And it has led developing countries to adopt the rhetoric of recrimination...
Persistent link: https://www.econbiz.de/10014200337
In the face of continuing development challenges in the world's poorest countries, there have been new calls throughout the donor community to increase the volume of development aid. Equal attention is needed to reform of the aid business itself, that is, the practices and processes and...
Persistent link: https://www.econbiz.de/10014219353
This paper argues that regional public goods in developing countries are under-funded despite their potentially high rates of return compared to traditional country-focused investments. Regional public goods only receive about 2.0-3.5 percent out of total ODA annually according to the definition...
Persistent link: https://www.econbiz.de/10014219354
In 1999, the United States and other major donor countries supported an historic expansion of the heavily indebted poor country (HIPC) debt relief initiative. HIPC had two primary goals: reduce poor countries' debt burdens to levels that would allow them to achieve sustainable growth; and...
Persistent link: https://www.econbiz.de/10014219360
Nigeria is currently classified by the World Bank as a "blend" country, making it the poorest country in the world that does not have "IDA-only" status. This paper uses the World Bank's own IDA eligibility criteria to assess whether Nigeria has a case for reclassification. Given that the country...
Persistent link: https://www.econbiz.de/10014219361
In this working paper I define inclusive growth as growth conducive to increasing the size and economic command of the middle class. I suggest a definition of the middle class based on absolute and relative measures of country-based income distributions, and present evidence of change in the...
Persistent link: https://www.econbiz.de/10014219788
This paper develops and applies a new approach to the estimation of the impact of economy-wide reforms on wage differentials, using a new high-quality data set on wage differentials by schooling level for 18 Latin American countries for the period 1980-1998. The results indicate that reform...
Persistent link: https://www.econbiz.de/10013126447
The effects of market and policy reforms on poverty and inequality in Latin America have been of considerable concern. The region continues to have relatively great income inequalities. Two different societies with the same income distribution may have different levels of social welfare because...
Persistent link: https://www.econbiz.de/10013126496
New empirical evidence suggests that high levels of income inequality constrain rather than encourage growth. While some explanations involve relationships between inequality and political systems, this paper focuses on the microeconomic behavior of poor households. When returns to labor are...
Persistent link: https://www.econbiz.de/10013126500
The evidence shows that government spending for health in many developing countries benefits the well-to-do more than the poor. However, a combination of favorable political forces and sound public policies can shift the focus of government expenditures toward the poor. Doing this is an...
Persistent link: https://www.econbiz.de/10013126607