The World Bank and the International Monetary Fund (IMF) launched a joint initiative at the end of 1999, stating that they intended to set the fight against poverty at the heart of their development policies. This book provides the expert, critical analysis of the poverty reduction strategies that is needed. Originally published in French and updated here for the first time in English, the book emphasises three main innovations brought about by focus on poverty reduction, participatory process implemented for policy-making and better coordination of official development assistance.
The...

Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It remains largely unrecognized by researchers, is neglected by politicians, and is even negatively perceived as it is meant to disappear with development. This book aims to amend this situation by presenting recent high level research which studies the informal sector and informal employment. Fresh research...