Macroeconomic policies and poverty reduction : stylized facts and an overview of research / by Ratna Sahay, Paul Cashin, Paolo Mauro and Catherine Pattillo -- Evaluating the poverty impact of economic policies : some analytical challenges / by Francois Bourguignon, Luiz Pereira da Silva and Nicholas Stern -- Trade, growth, and poverty : a selective survey / by Andrew Berg and Anne Krueger -- Odious debt / by Seema Jayachandran and Michael Kremer -- Aid and fiscal management / by Aleš Bulír and Timothy Lane -- Who is protected? On the incidence of fiscal adjustment / by Martin Ravallion -- Understanding the evolution of inequality during transition : the optimal income taxation framework / by Ravi Kanbur and Matti Tuomala -- Evaluation of financial liberalization : a general equilibrium model with constrained occupation choice / by Xavier Giné and Robert M. Townsend -- Trade reforms and income inequality in Colombia / by Orazio Attanasio, Pinelopi Goldberg, and Nina Pavcnik -- Financial crises, poverty, and income distribution / by Emanuele Baldacci, Luiz de Mello, and Gabriela Inchauste -- Growth and shocks : evidence from rural Ethiopia / by Stefan Dercon -- Economic shocks, wealth, and welfare / by Elizabeth Frankenberg, James P. Smith, and Duncan Thomas.