Winner of the Nobel Prize in Economics and author of the New York Times bestselling book Globalization and Its Discontents , Joseph E. Stiglitz here joins with fellow economist Andrew Charlton to offer a challenging and controversial argument about how globalization can actually help Third World countries to develop and Read more…
Policy Brief #16 The purpose of this Commission is to explore explicit carbon-pricing options and levels that would induce the change in behaviors – particularly in those driving the investments in infrastructure, technology, and equipment—needed to deliver on the temperature objective of the Paris Agreement, in a way that fosters Read more…
What renders the measurement of the care economy and of the extent of care work so challenging? Why is the inclusion of unpaid care work even more difficult? And why is measuring the demand for care close to impossible?
Care work is already one of the most important forms of human work across the world, and is likely to become even more significant in the coming years.
Care work is already one of the most essential forms of human work across the world, and is likely to become even more significant in the coming years.
Reddy and Pogge (2002) claim that the World Bank has systematically underestimated the extent of poverty in the world in the 1990s, and overestimated its rate of decline. This note argues that their claims do not stand up to close inspection and that there are serious concerns about their proposed alternative method of counting the world’s poor.
We are grateful for Martin Ravallion’s detailed and sincere attempt to respond to our criticisms of the World Bank’s methodology for measuring global income poverty. However, in this reply to Ravallion, we show that his attempt to defend the World Bank’s methodology is unconvincing.
IPD’s Africa Task Force focuses on the special challenges facing economic development and poverty in Africa after the continent’s disappointing economic performance over the past quarter century. Many policies that have been implemented in Africa have patently failed.
Despite a lack of evidence, capital market liberalization was pushed forward by the IMF during the 1980s and 1990s as a means of stimulating economic growth in developing countries. The Asian economic crisis and the recent global financial crisis of 2008-2009 illustrated the importance of understanding the deeper role of capital market liberalization in the globalization debate.
China is entering a critical phase in its move to a market economy, in which it will establish the basic institutional foundations of a market economy, including legal frameworks that will govern property rights, competition, corporate governance, intellectual property, bankruptcy, and contracts. Ongoing debates and discussions will have a major effect in determining the kind of market economy into which China will evolve.