In this paper, I would like to outline an approach to public policy that is focused on fighting poverty and is based on an understanding of growth and development. Such a public policy requires answering two key questions. First, what are the key determinants of a development that benefits poor...

There is growing awareness that actions by policymakers and international organizations to reduce poverty, and those to mitigate and adapt to climate change, are inextricably linked and interwoven. This paper examines relevant academic and policy literature and evidence on this relationship and...

The EBRD is a unique institution with an inspiring and challenging mandate. I look back on the six years I spent with you as a most productive and cheerful period of my working life. And it is a great honour to give a lecture bearing the name of Jacques de Larosiere. Like many of you, I learned...