Wider Perspectives on Global Development

1. Front Matter

   Pages i-xx

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2. The Contribution of the New Institutional Economics to an Understanding of the Transition Problem

   • Douglass C. North

   Pages 1-15

3. More Instruments and Broader Goals: Moving toward the Post-Washington Consensus

   • Joseph E. Stiglitz

   Pages 16-48

4. Is Rising Income Inequality Inevitable? A Critique of the Transatlantic Consensus

   • Anthony B. Atkinson

   Pages 49-73

5. Globalization and Appropriate Governance

   • Jagdish N. Bhagwati

   Pages 74-100

6. Horizontal Inequalities: A Neglected Dimension of Development

   • Frances Stewart

   Pages 101-135

7. Winners and Losers over Two Centuries of Globalization

   • Jeffrey G. Williamson

   Pages 136-174

8. Global Labour Standards and Local Freedoms

   • Kaushik Basu

   Pages 175-200

9. Rethinking Growth Strategies

   • Dani Rodrik

   Pages 201-223

10. Back Matter

    Pages 225-259

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This volume brings together some of the most influential scholars in development economics to explore how to improve the well-being of the poor, how to design effective structures and institutions for poverty reduction and what the role of economic, political and social dimensions are (and should be) in global development. Issues addressed include globalization; both its governance and a historical perspective; inequality, of income, and the potential for conflict; trade and labour practises in a transitional and developing world, and; the natures and characteristics of institutions and markets.

• development
• development economics
• globalization
• Governance
• transition

• Helsinki, Finland

  UNU-WIDER

• Nuffield College, Oxford, UK

  Anthony B. Atkinson

• The Economics Department, Cornell University, USA

  Kaushik Basu

• Columbia University, USA

  Jagdish N. Bhagwati, Joseph E. Stiglitz

• Council on Foreign Relations, New York, USA

  Jagdish N. Bhagwati

• Washington University, St Louis, USA

  Douglass C. North

• John F. Kennedy School of Government, Harvard University, USA

  Dani Rodrik

• The Centre for Research on Inequality, Human Security and Ethnicity (CRISE), Queen Elizabeth House, University of Oxford, UK

  Frances Stewart

• Center for International Development, Harvard University, USA

  Jeffrey G. Williamson

ANTHONY B. ATKINSON Warden of Nuffield College, University of Oxford, UK KAUSHIK BASU C. Marks Professor of International Studies and Professor of Economics and Director, Program on Comparative Economic Development, Cornell University, USA JAGDISH. N. BHAGWATI Professor, Columbia University and Senior Fellow in International Economics, Council on Foreign Relations, New York, USA GIOVANNI ANDREA CORNIA Professor, Faculty of Economics, University of Florence, Italy DOUGLASS C. NORTH Spencer T. Olin Professor in Arts and Sciences, Washington University, USA MATTI POHJOLA Professor of Economics, Helsinki School of Economics, Finland DANI RODRIK Professor of International Political Economy, John F. Kennedy School of Government, Harvard University, USA ANTHONY SHORROCKS Director, World Institute for Development Economics Research/United Nations University (UNU/WIDER), Finland FRANCES STEWART Professor of Development Economics and Director, Centre for Research on Inequality, Human Security and Ethnicity (CRISE), University of Oxford, UK JOSEPH E. STIGLITZ Professor, Columbia Business School, Columbia University, USA JEFFREY G. WILLIAMSON Laird Bell Professor of Economics, Center for International Development, Harvard University, USA

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