Neoclassical and new endogenous growth theories based on an aggregate production function and general equilibrium framework are not good for the poor because their conceptual structure does not enable a good explanation of growth-poverty relationships. Alternative growth theories, which take...

This article summarizes the main messages of UNCTAD's Least Developed Countries Report 2010. In the wake of global financial and economic crisis, the Report calls for a development paradigm shift and the creation of a New International Development Architecture (NIDA) for the poorest and most...