EC1111 - International Economic Policy RHUL - Autumn Vinay P. Nundlall Seminar 7 Read the articles posted in Moodle which relate to the topic on Poverty, then answer the following questions: Question 1 Is the poverty measure used by Besley and Burgess (2003) satisfactory? Explain your answer. What is the main empirical result from their research? Question 2 Explain what are: The Millennium Development Goals The Washington Consensus To what extent are they important? Question 3 For discussion and debate Discuss the role that foreign aid could play in reducing global poverty. What does evidence show: has foreign aid been successful in alleviating poverty? Question 4 For discussion and debate Suggest some other relevant policy measures to reduce poverty. Provide a ranking of the instruments that you personally think would be more effective.