What is the rationale for the coexistence of Global Financial Institutions (like the World Bank) and Regional Financial Institutions (like the Regional Development Banks)? This paper conceptualizes the differences between these entities and develops a framework for assessing their comparative...

This compendium brings together two companion papers on inclusive development. The first paper uses the global literature to formulate a conceptualisation of inclusive development and inclusive growth, and to put the conceptualisation through its paces by applying it to the specific case of...

The objective of this paper is to present an overview of ethnicity, ethnic strife and its consequences, as seen from the perspective of the disciplines of economics, political science, social anthropology and sociology. What exactly is ethnicity--how is it to be defined, characterized and...

What explains the spectacular increases in inequality of disposable income in transitional economies of Central and Eastern Europe? There are at least two possible explanations. First, the pre-tax distribution of income became more unequal because of the shift to a market economy. Second, the...

In this paper I give an account of development debates of the past two decades, focusing on the Washington Consensus and on the broader economic development discourse in historical context. Section 2 gives a basic account of the Washington consensus and how its meaning changed from the original...

This paper raises a number of issues in thinking about and addressing the intergenerational transmission of disadvantage. Starting with choice subject to constraints by parents as determining outcomes for children, the paper identifies sequences of interventions to relieve “binding...