Rez.: Kernbegriff dieses Leitfadens für eine neue Art von Globalisierung ist "Bottom of the Pyramid (BOP)", das sind "die 4 Milliarden Menschen, die von weniger als 2 US-Dollar am Tag leben". Kerngedanke ist, in den Entwicklungsländern neben dem Staat und neben den Hilfsorganisationen und...

Minimum wage policy supported by a strong social policy is an efficient mechanism against poverty and income erosion of the poorest households. Minimum wage is one of the instruments which can control wage dispersion and in this way reduce income inequality. It can also help to prevent a general...

During the last half century, the economic performance of the developing world has been far from uniform. Developing countries were polarised into those that made great progress in catching up and those that were mired in stagnation. Many African countries belong to the second group. Therefore,...

This paper is the fifth in a series that examines macroeconomic developments and prospects in low-income developing countries (LIDCs). LIDCs are a group of 59 IMF member countries primarily defined by income per capita below a threshold level. LIDCs contain one fifth of the world's...