Globalization could and should benefit developing countries. But unlike a rising tide that lifts all boats, large and small, globalization is unequal. It has fallen far short of its much-ballyhooed potential to help the world's poorest people out of poverty. Instead, a combination of policies in...

What can governments in rich countries do about poverty in poor countries, apart from increasing and improving aid and endorsing ambitious poverty reduction goals? Answer: get serious about reforming their own farm policies and start dismantling the agricultural trade restrictions and subsidies...

Globalization could and should benefit developing countries. But unlike a rising tide that lifts all boats, large and small, globalization is unequal. It has fallen far short of its much-ballyhooed potential to help the world's poorest people out of poverty. Instead, a combination of policies in...