Until recently, development economists tended to assume a role for private enterprise in reducing poverty, but they didn't articulate it explicitly. The new institutional economics literature, with its emphasis on transaction costs, addresses the environment in which private businesses operate in various countries - the "investment climate."

Building on this new thinking, Pathways Out of Poverty begins by citing the worldwide drop in the number of very poor people and goes on to identify the ways in which private firms and farms contribute to economic mobility and poverty reduction and what governments can do to enhance this contribution. In four Parts, the editors and contributors address economic mobility, offer numerous global examples, consider the importance of good investment climates, and examine the impact of public policies and public attitudes. Their theory, hard economic analysis, and case studies provide rich and innovative mechanisms for reducing poverty in developing and transition countries.

More than three billion people, nearly half of humankind, live on less than two-and-a-half U.S. dollars per person per day. Studies have shown repeatedly that the main and often the sole asset of the poor is their labor. It follows that to understand global poverty one must understand labor markets and labor earnings in the developing world. Excellent books exist on ending world poverty that discuss in depth many important aspects of economic development but do not focus on employment and self-employment, work and non-work. Working Hard, Working Poor fills in where the other books leave off. Issues of analyzing poverty and low earnings in the developing world are quite different from those in the developed world. The discourse in the developed world is about incentive effects of social welfare programs, cultures of poverty, single-parenthood, homelessness, drug and alcohol abuse, ill health, mental illness, domestic violence, and the like. But in the developing world, different issues predominate, such as own-account work and household enterprises, agricultural work, casual employment, and informal work. And some of the policy issues-stimulating economic growth, harnessing the energies of the private sector, increasing paid employment, and raising the returns to self-employment-take a different twist. This book shows how people in poverty work, what has been effective in helping the poor earn their way out of poverty, and how readers might help.

How often do working-class children obtain college degrees and then pursue professional careers? Conversely, how frequently do the children of doctors and lawyers fail to enter high status careers upon completion of their schooling? As inequalities of wealth and income have increased in industrialized nations over the past 30 years, have patterns of between-generation mobility changed?
In this volume, leading sociologists and economists present original findings and conceptual arguments in response to questions like these. After assessing the range of mobility patterns observed in recent decades, the volume considers the mechanisms that generate mobility, focusing on both the training and skills that are rewarded in the labor market as well as the role of educational institutions in certifying graduates for professional positions. The volume concludes with chapters that assess the contexts of social mobility, examining the impact of macroeconomic conditions and societal levels of inequality on social and economic mobility.

How often do working-class children obtain college degrees and then pursue professional careers? Conversely, how frequently do the children of doctors and lawyers fail to enter high status careers upon completion of their schooling? As inequalities of wealth and income have increased in industrialized nations over the past 30 years, have patterns of between-generation mobility changed? In this volume, leading sociologists and economists present original findings and conceptual arguments in response to questions like these. After assessing the range of mobility patterns observed in recent decades, the volume considers the mechanisms that generate mobility, focusing on both the training and skills that are rewarded in the labor market as well as the role of educational institutions in certifying graduates for professional positions. The volume concludes with chapters that assess the contexts of social mobility, examining the impact of macroeconomic conditions and societal levels of inequality on social and economic mobility.

Economists have traditionally concentrated on aggregate economic growth to measure a country's development, but previously they have also considered income distribution performance. In this book Gary Fields reverses conventional approaches by using income distribution as the primary indicator. He examines what is known about the distribution of income and poverty, inequality, and development. He explores the main causes of poverty and inequality and the extent to which they have been reduced by individual countries in the course of their economic growth. Recognizing that conclusions vary with the type of income distribution measure used, Fields proposes that changes in absolute poverty be adopted as the primary index of a developing nation's progress and suggests that the growth rate of the GNP and character of that growth be regarded as the principal determinants of the levels of poverty and inequality. This framework calls for new models new data. and new microanalytic techniques in order to understand the results of development efforts. Fields employs evidence from case studies of six developing nations to suggest some explanations for differing patterns of development and calls for development planning founded on a firm commitment to helping the poor.

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. This book examines the links between economic growth, changing employment conditions, and the reduction of poverty in Latin America in the 2000s. Our analysis answers the following broad questions: Has economic growth resulted in gains in standards of living and reductions in poverty via improved labour market conditions in Latin America in the 2000s, and have these improvements halted or been reversed since the international crisis of 2008? How do the rate and character of economic growth, changes in the various employment and earnings indicators, and changes in poverty and inequality indicators relate to each other? Our contribution is an in-depth study of the multi-pronged growth-employment-poverty nexus based on a large number of labour market indicators (twelve employment and earnings indicators and four poverty and inequality indicators) for a large number of Latin American countries (sixteen of them). The book presents a positive and hopeful set of findings for the period 2000 to 2012/13. Economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. But not all improvements were equal in size or caused by the same things. Some macroeconomic factors were associated with changes in labour market conditions, some of them always in the welfare-improving direction and some others always in the welfare-reducing direction. Most countries in the region suffered a deterioration in at least some labour market indicators as a consequence of the international crisis of 2008, but the negative effects were reversed very quickly in most countries.

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Based on studies of a range of countries in the Global South, this book examines heterogeneity within informal work by applying a common conceptual framework and empirical methodology. The country studies use panel data to study the dynamics of worker transitions between formal and heterogeneous informal work and present a comparative perspective across developing countries in Asia, Latin America, Sub-Saharan Africa, and North Africa and the Middle East. Each study provides a nuanced view of informality, dividing workers into six work statuses: formal wage-employees, upper-tier informal wage-employees, lower-tier informal wage employees, formal self-employed, and upper-tier informal self-employed. Based on this common conceptual framework, the country studies examine the distribution of workers across each of these work statuses, and document transition patterns across different formality and work statuses. The panel data analysed in each country study provide a basis for making statements about labour market transitions that are not warranted when using comparable cross-sections. The studies also examine the individual- and household-level characteristics associated with workers in each work status. Using these characteristics, each study constructs a 'job ladder' that ranks each work status, and then examines the characteristics of workers that are associated with transitions up (and down) the job ladder.

Employment and Development brings together the contributions of 2014 IZA Prize in Labor Economics award winner Gary S. Fields to address global employment and poverty problems. Most of the poor in developing countries live in households in which people work, but still they are poor because the best available work pays so little. Employment and Development: How Work Can Lead From and Into Poverty questions how economic growth affects standards of living, how labor markets work in developing countries, and how different labor market policies affect well-being. Through a collection of essays, this book tackles major questions in development and labor economics. Who benefits from economic growth and who is hurt by economic decline? Why are distributional factors and labor market conditions improving in some countries but not in others? How do developing countries' labor markets work? How would labor market conditions change if different policies were to be put into effect? What are the welfare consequences of these changes? Through distributional analysis, Fields examines inequality, poverty, income mobility, and economic well-being, and through analysis of changing labor market conditions he examines employment and unemployment, employment composition, and labor earnings. By concentrating on the poor and understanding how the labor markets work for them and how their labor market earnings might be raised in response to different policy interventions, Fields addresses questions of first-order importance for human well-being.

Until recently, development economists tended to assume a role for private enterprises in reducing poverty, without articulating it explicitly. How private firms contribute to economic mobility and poverty reduction and what governments can do to enhance their contribution is the theme of this book. In developing countries, private enterprise is far and away the largest source of employment and investment and a significant source of government revenue. In addition to these tangible contributions, private enterprise is an important source of less tangible, but critically important, factors such as openness to ideas, innovation, and opportunity. The book presents new evidence, which demonstrates the essential role which private firms are playing in the course of economic development. Throughout, the focus is on economic mobility. Regional case studies ranging from the Far East to Sub-Saharan Africa hone in on the role of entrepreneurship in development. Drawing on the rich materials of the World Bank's Worldwide Business Environment Survey, key policy factors are identified. Special attention is paid to obstacles facing small and medium-sized enterprises. The concluding chapters focus on practical ways in which governments of developing and transition countries can encourage the capacity of poor people to move up the economic ladder.

Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth.Copublished with the Russell Sage Foundation.