Product Description: 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...read more

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.

Product Description: 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...read more

Product Description: 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...read more