In this paper, the concept of vulnerability of the poor's welfare and its practical measures are scrutinised in order to derive implications for targeting poverty reduction policies toward vulnerable households. As illustration, various measures of vulnerability proposed in the literature are...

The agricultural sector's perceived importance in the international development circle waned dramatically after the 1980s, and investments in rural development and agricultural research and development declined sharply. This volume reasserts the role of agricultural and rural development in the...

Despite the large and expanding literature on pro-poor growth, quantitative studies identifying policy levers leading to pro-poor growth remain scarce, and this paper addresses this lacuna in the literature. The main driver of rural poverty reduction shifted from agricultural to non-agricultural...

This paper analyzes the processes of growth and poverty reduction simultaneously under a neoclassical growth model framework, using provincial data from the Philippines. We obtain a high rate of provincial income convergence and a trade-off between equity and growth. The lack of political...

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...