Poverty

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. Alain de Janvry teaches agricultural and resource economics at the University of California, Berkeley. Ravi Kanbur teaches applied economics at Cornell University.