Rob Vos

Focuses on the impact of increased aid flows from industrial to developing countries.

Aid Flows, Trade and Global Macroeconomic Adjustment

Lance Taylor

Ricardo Paes de Barros

Since the late 1980s, almost all Latin American countries have undergone a series of far-reaching economic reforms. This book provides a comparative and analytical framework for assessing the impact of these reforms upon 16 countries.

Latin America in the 1990s

Economic Liberalization, Distribution, and Poverty

Luis Carlos Jemio M.

Examines trends in Philippine development from the late 1970s to 1992.

A CGE Model for the Philippines

External Shocks, Debt and Adjustment

The issue of the pros and cons of free trade from the point of view of developing countries refuses to dissipate, and in Latin America, the debate rages most fiercely. Argentina is still licking its wounds after a catastrophic past five years, and Brazil and others have hardened their line – even going so far as to initiate the influential new G20 group of the most powerful LDCs. Who Gains from Free Trade examines the extent to which trade reforms have been an important source of the slowdown of economic growth, rising inequality and rising poverty as observed in many parts of the region. This volume presents a comprehensive analysis of this important topic, utilizing: research based on sixteen country narratives of policy reform and economic performance rigorous general equilibrium (CGE) modelling of the economy-wide effects of trade reform for all country cases application of an innovative method of microsimulations to assess the employment and factor income distribution impact of policy reforms on poverty and inequality at the household level. This important study, a valuable resource for postgraduate students of development economics and political economy, examines all the current issues and brings together some of the world’s leading experts.

Export-Led Growth, Inequality and Poverty in Latin America

Who Gains from Free Trade

Giovanni Andrea Cornia

Jose Antonio Alonso

This book is available as open access through the Bloomsbury Open Access programme and is available on www.bloomsburycollections.com. The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches. The contributors to the book are independent development experts, brought together by the UN to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods. The contributors offer a critical evaluation of past development experiences and report on their creative search for new and well-thought out answers for the future. They suggest that economic progress, fairer societies and environmental sustainability can be compatible objectives, but only when pursued simultaneously by all.

Alternative Development Strategies for the Post-2015 Era

Marco V. SÃ¡nchez

How much would poor nations need to invest to eliminate poverty, get all children in school and provide adequate basic health care for all? Can they afford it? Financing Human Development in Africa, Asia and the Middle East provides some clear answers to these questions. The contributors assess feasible financing strategies underpinning actions to enhance human development in pursuance of the United Nations' Millennium Development Goals (MDGs). The contributors analyse these strategies in the context of broader concerns of economic development in nine countries in Africa, Asia and the Middle East. The assessments stress the importance of redesigning macroeconomic policies so as to make these more supportive of long-term economic growth and employment creation, while ensuring sufficient investments in human development in order to end poverty and overcome deep-rooted inequalities.

Rob Vos

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