The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy implications, such as the complete cessation of aid to...

The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows, and falling remittances. This is the...

To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization — in trade, finance, and technology — opens up new possibilities for structural transformation, but also new risks as Africa's integration...

This paper considers the impacts of agro-industry development and international trade on income distribution in Myanmar, focusing on low-income rural households. We use a social accounting matrix multiplier (SAM) decomposition model featuring detailed economic linkages. After describing the...

The micro-macro paradox has been revived. Despite broadly positive evaluations at the micro and meso-levels, recent literature has turned decidedly pessimistic with respect to the ability of foreign aid to foster economic growth. Policy implications, such as the complete cessation of aid to...

Reducing poverty and inequality and promoting inclusive growth are fundamental to achieving the United Nations Sustainable Development Goals. Much has changed in the global economy in recent decades and perspectives on progress made vary widely. This is even more so in light of the ongoing...