
Working Paper
Openness, Innovation and Share Ownership
This paper examines trends in idiosyncratic risk in different ‘new economy’ and ‘old economy’ industries, and explores whether these developments can be attributed to the use of IT. A CAPM-based decomposition of equity returns is employed to estimate...
Malaysia provides for interesting paradoxes. Poverty was reduced by adopting a horizontal perspective to policy planning through affirmative action targeting one ethnic group lagging economically in society. However, outcomes of affirmative action...
How has government healthcare spending prepared countries for tackling the COVID-19 pandemic? Arguably, spending is the primary policy tool of governments in providing effective health. We argue that the effectiveness of spending in reducing COVID...
Part of Book Social Provision in Low-Income Countries
Part of Book National Perspectives on the New Regionalism in the South
Part of Book National Perspectives on the New Regionalism in the North
We develop the climate finance-gender equity framework in this paper and use the ‘contextual-procedural-distributive’ equity as a lens of analysis to examine how climate finance helps challenge, and reinforce, gender inequities in the mitigation...
8 October 2014 by Roger Williamson Michael Keen from the International Monetary Fund addressed the UNU-WIDER Development Conference in September 2014...
30 October 2014 Dominik Etienne and Annett Victorero The last decade has witnessed a revival of concern over the impact of high-income concentration...
This paper discusses development policy objectives, noting how these have changed over the years, with a more explicit focus on poverty reduction coming recently to the fore. It also examines the relationship between economic growth and poverty...
Using China as a test case, this paper empirically investigates how the development of financial intermediation affects rural-urban income disparity (RUID). Using 20-year province level panel data, we find that the level of financial development is...
The reduction of poverty, and more recently inequality, are pressing concerns in many low- and middle-income countries, not in the least as a result of the Sustainable Development Goals committing countries to significant improvements by 2030...
Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it should...