This book advances thinking in the area of Human Development by analysing its relation with inequality and macro-economic policy. It presents a new framework for a pro-growth pro-Human Development macro-economics, including suggestions for the global management of technology and capital flows.

PART I: SIR RICHARD JOLLY'S CONTRIBUTION TO THE ANALYSIS OF ECONOMIC DEVELOPMENT; PART II: HUMAN DEVELOPMENT AND INEQUALITY: PROGRESS IN CONCEPTS AND POLICIES?; PART III: STRUCTURAL ADJUSTMENT, NEW MACROECONOMIC APPROACHES AND REMAINING CHALLENGES

Documents the growth of inequality across the world and analyses sources of inequalityConsiders the nature of a just distribution and explores the reasons for resistance to redistributory policiesShows how the financial crisis of 2008 has affected developing countries social expendituresPresents a framework for an alternative approach to macro-economicsShows that the unregulated global flows of capital have been a major source of problems and makes proposals to improve their countercyclical regulation

Edited by Giovanni Andrea Cornia, Professor of Economics, University of Florence, and Frances Stewart, Professor Emeritus, University of OxfordGiovanni Andrea Cornia has been Professor of Economics at the University of Florence since 2000. Previously he was the director of UNU-WIDER and chief-economist of Unicef. He has also held research positions at other UN agencies and the private sector. Since 2010 he has served on the UN Committee for Development Policies, and in 2012 he was elected President of the Italian Development Economists Association. He has co-authored, edited or co-edited 14 books on development and transition economics, including UNICEF's influential study Adjustment with a Human Face (OUP, 1987). He has published 50 articles in scholarly journals and 150 working papers on development macroeconomics, inequality, poverty, political economy, child wellbeing, and human development. His latest book is Falling Inequality in Latin America (OUP, 2014).Frances Stewart is Emeritus Professor of Development Economics at the University of Oxford. She has an honorary doctorate from the University of Sussex. She was director of Oxford's Department of International Development. She has been President of the UK and Irish Development Studies Association and the Human Development and Capability Association, and Chair of the United Nation's Committee for Development Policy. She received the Mahbub ul Haq award, from the United Nations, for lifetime services to Human Development and the Leontief Prize for Advancing the Frontiers of Economic Thought for 2013. Her books include Technology and Underdevelopment (Macmillan, 1976), Planning to Meet Basic Needs (1985), UNICEF's influential study Adjustment with a Human Face (OUP, 1987), War and Underdevelopment (OUP, 2001), and Horizontal Inequalities and Conflict: Understanding Group Violence in Multiethnic Societies (Palgrave, 2008).

Documents the growth of inequality across the world and analyses sources of inequalityConsiders the nature of a just distribution and explores the reasons for resistance to redistributory policiesShows how the financial crisis of 2008 has affected developing countries social expendituresPresents a framework for an alternative approach to macro-economicsShows that the unregulated global flows of capital have been a major source of problems and makes proposals to improve their countercyclical regulation