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Traditionally, there have been two strands in the analysis of poverty, inequality and development – a micro strand that focuses on individual behavior, welfare economics and the measurement of inequality and poverty; and a macro strand that analyzes economy-wide policies and the role of institutions. This unique volume brings together both strands in a series of essays written by leading experts in the field of economic development. Topics include measurement issues, micro-behavior determinants of poverty outcomes, economy-wide models in the SAM-CGE tradition and the institutional framework underlying macro policies.
Poverty, Inequality and Development.- Erik Thorbecke: Growth and Roots.- On The Consistency of Poverty Lines.- Poverty Indices.- Should Poverty and Inequality Measures Be Combined?.- Equality of What? Evidence from India.- Household Investments in Education and Income Inequality at The Community Level: Evidence from Indonesia.- Poverty Traps and Safety Nets.- Progress in The Modeling of Rural Households' Behavior under Market Failures.- Labor Laws and Labor Welfare in The Context of The Indian Experience.- Macro Models and Multipliers: Leontief, Stone, Keynes, and CGE Models.- Multiplier Effects and The Reduction of Poverty.- Developing An Accounting Matrix for The Euro Area.- Globalization, Economic Reform, and Structural Price Transmission: SAM Decomposition Techniques with An Empirical Application to Vietnam.- Institutions, Factor Endowment and Inequality in Ghana, Kenya and Senegal.- Incentives, Inequality and The Allocation of Aid When Conditionality Doesn't Work.- Agricultural Research and Policy to Achieve Nutrition Goals.- Is Dualism Worth Revisiting?