This concluding chapter looks across BRICS as a whole to examine differences and commonalities in development discourses, and in the structures that have emerged as a consequence of international engagements, as well as the role of the BRICS grouping’s emerging collective structures and their...

Rapid and sustained poverty reduction requires pro-poor growth, that is a pace and pattern of growth that enhances the ability of poor women and men to participate in, contribute to and benefit from growth. Richard Manning describes how the pro-poor growth concept has produced consensus within...

A consumer with diminishing marginal utility in consumption, who can search for lower prices, will balance the gains from spreading consumption evenly through time against the benefits of delaying consumption until lower prices are revealed. Optimal programs of consumption, savings and price are...