The authors analyze the Washington Consensus, which at its original formulation reflected views not only from Washington, but also from Latin America. Tracing the life of the Consensus from a Latin American perspective in terms of evolving economic development paradigms, they document the...

"Presents and analyzes data on extent of and trends in poverty from 1950-94. Uses these trends to project poverty to 2025. Concludes that rapid decreases in poverty will occur only if region devotes significantly more resources to education"--Handbook of Latin American Studies, v. 57

The world is not ‘flat’. Globalization is disequalizing, rewarding the already rich while leaving the poor behind, making rising inequality more, not less likely. There are three reasons. First, the economic gains generated by efficient global markets are not equally shared. Second, global...

We identify a group of people in Latin America that are not poor but not middle class either—namely “strugglers” in households with daily income per capita between $4 and $10 (at constant 2005 PPP). This group will account for about a third of the region’s population over the next...

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.