In the wake of the food, fuel and financial shocks, a fourth wave of the global economic crisis began to sweep across developing countries in 2010: fiscal austerity. Serving as an update of earlier research by UNICEF, this working paper: (i) examines the latest IMF government spending...

This working paper: (i) briefly reviews possible causes of the food price spike that began in mid-2010; (ii) examines recent local food price movements in 58 developing countries during 2010; (iii) discusses the adverse impacts of food price increases on households; (iv) presents a rapid desk review of...

It is often argued that social and economic investments that benefit children and poor households are not affordable or that government expenditure cuts are inevitable during adjustment periods. But there are alternatives, even in the poorest countries. This working paper offers an array of...

This paper (1) examines the extent to which expenditure consolidation is occurring in 2010-11 among 126 low and middle income countries by compiling and analyzing projected fiscal trends using IMF data; (2) assesses the risks of contracting social spending, and presents common adjustment...

This working paper: (i) provides an overview of global, regional and national income inequalities based on the latest distribution data from the World Bank, UNU-WIDER and Eurostat; (ii) discusses the negative implications of rising income inequality for development; (iii) calls for placing...