This paper studies the consequences of certain widespread policies for the quality and sustainability of growth. These policies cause economic inefficiency, environmental destruction and increased poverty. The paper develops a political economy model to show why the existence of such policies is...

"Remember the past, but build for the future" : address to the Rwandan National Assembly, Kigali, Rwanda -- Rich, poor should join hands for sustainable development -- A time to act : address to the board of governors at the annual meetings of the World Bank and the International Monetary Fund,...