Welfare economics examines the allocation of resources and its impact on individual and social well‐being. Rooted in classical notions of Pareto efficiency, the field has evolved to encompass a ...

A unique analysis of district-level data reveals why inequality is so destructive to the household consumption welfare of people living below the poverty line. During negative economic growth ...

However, a new body of IMF staff research is filling this gap by analyzing the risks and economic costs of social unrest. Measuring unrest. A key challenge when researching social unrest—defined as ...

The debate over whether there is a necessary trade-off between social welfare and insurance systems and economic growth is long standing. But Sweden is an example of a country that has managed to ...

Reader (Professor) in Development Economics, Department of Economics, SOAS University of London, and Non-Resident Senior Research Fellow, World Institute for Development Economics Research (UNU ...