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.

Wider Perspectives on Global Development - G.A.Cornia, M.Pohjola &
A.Shorrocks
The Contribution of the New Institutional Economics to an Understanding of the Transition Problem - D.C.North
More Instruments and Broader Goals - Moving Toward the Post-Washington Consensus - J.E.Stiglitz
Is Rising Income Inequality Inevitable? A Critique of the Transatlantic Consensus - A.B.Atkinson
Globalization and Appropriate Governance - J.N.Bhagwati
Horizontal Inequality - A Neglected Dimension of Development - F.Stewart
Winners and Losers over Two Centuries of Globalization - J.G.Williamson
Global Labour Standards and Local Freedoms - K.Basu
Rethinking Growth Strategies - D.Rodrik