Poverty is a multifaceted phenomenon that goes beyond lack of adequate income. The overarching objective of development in many countries has been and continues to be the eradication of all facets of poverty. Rapid as well as well equitable growth in income has always been viewed as aninstrument...

Some observers have questioned the rationale for continued engagement by international development institutions in middle-income countries. But these countries face development challenges calling for continued partnership with the international development community. Moreover, partnership with...

For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as well as capital flows to GDP. So why did China...