This paper argues that the distribution of global poverty has changed and that most of the world’s poor no longer live in countries officially classified as low-income countries (LICs). It is estimated that the majority of the world’s poor, or up to a billion people, live in middle-income...

The context for ‘development’ – however defined – is changing, not only because of the global economic crisis, but also in light of broader changes. If the context for development is changing, then the study of this ‘development’ will also need to adapt to these changing...

The Handbook of Economics and Ethics portrays an understanding of economic methodology in which facts and values, though distinct, are closely interconnected in a variety of ways. From theory building to data collection, and from modelling to policy evaluation, this encyclopaedic Handbook is at...

Estimates of the historic and future scale and location or “geography” of global poverty by income/expenditure have a long and contentious history. In recent projections made on global poverty, methods and assumptions vary so widely it is impossible to compare studies in a systematic way...

Middle-income countries (MICs) are now home to most of the world’s extreme poor—the billion people living on less than $1.25 a day and a further billion people living on between $1.25 and $2. At the same time, many MICs are also home to a drastically expanding emerging middle or...

Two decades ago, 93% of the world’s poor lived in countries officially classified as Low Income (LICs). Now, 72% of the world’s poor live in Middle Income Countries (MICs). The dramatic shift has been brought about by fast growth in a number of countries with large populations. On present...

Purpose – What are the implications of the global financial crisis and its aftermath, regionally and globally, for Africa taking a 5‐15 year view? The purpose of this paper is to outline a set of four post‐crisis global economic scenarios to 2020, and will consider their impacts across a...

Acknowledgements -- Contents -- Acronyms -- List of Figures -- List of Tables -- Chapter 1: Introduction -- Questions for the Present Aid Effectiveness Narrative -- Evidence -- Universal Applicability -- A New Narrative on Aid Effectiveness -- References -- Chapter 2: A History of Aid...