Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Editors -- Abbreviations -- Overview -- The Dominican Economy: Strong albeit Barely Inclusive Growth -- Why Has High Economic Growth Not Led to Better Equity Outcomes? -- Why Is Growth Insufficient to Reduce Poverty in the...

The Dominican Republic stands out as a fast growing economy that has not been able to generate a commensurate reduction in poverty. Three reasons have been raised before to explain this conundrum: (i) a labor market that does not translate productivity gains into salary increases; (ii) a...

By most accounts, rural Malawi has lacked dynamism in the past decade. Growth has been mostly volatile, in large part due to unstable macroeconomic fundamentals evidenced by high inflation, fiscal deficits, and interest rates. When rapid economic growth has materialized, the gains have not...

Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Authors -- Abbreviations -- Chapter 1 Overview: Fiscal Policy and Redistribution -- Introduction -- Budget Size, Social Spending, and Taxation -- Fiscal Policy and Inequality -- Fiscal Policy and the Poor -- The Contribution of...

Front Cover -- Contents -- Preface -- Acknowledgments -- About the Authors -- Abbreviations -- Chapter 1 Introduction -- Overview -- Can Microfinance Uplift the Poor? -- Inclusive Microfinance -- Assessing the Dynamics of Program Benefits -- Purpose and Organization of the Book -- Notes --...