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Michael Walton

Regional Advisor on Poverty and Human Development, Latin America & the Caribbean

waltonMichael Walton is currently adviser on poverty reduction and human development in the Latin America and Caribbean Region of the World Bank. He has worked for over twenty years as an economist and development practitioner in the World Bank. He obtained a degree in Philosophy and Economics, and a Masters in Economics, from Oxford University, England. In the later 1970s, he worked in the Central Planning and Development Office of the Government of Lesotho, as a planning officer with responsibility for rural development. Within the World Bank he worked as economist on Indonesia and Zimbabwe for some five years each, producing a range of studies on macroeconomic conditions, structural reform, employment, labor, private investment and the electric power sector. He was the deputy leader for the 1990 World Development Report on poverty, and then economic adviser to two Chief Economists of the World Bank in the early 1990s—for all of Lawrence Summers' tenure and for the initial part of Michael Bruno's tenure. In this period he led the initial work on the economy of the West Bank and Gaza, and also worked on Bulgaria, Morocco and South Africa. He was director for the 1995 World Development Report on labor, was Chief Economist for the East Asia and Pacific Region during 1995-97, and Director for Poverty Reduction for the World Bank during 1997-2000. In the latter capacity he was part of the management group for the 2000/01 World Development Report on Poverty and Development and was at the center of designing the new Poverty Reduction Strategy initiative for low income countries. He is currently on the board of the Institute of Public Policy and Development Studies at the Universidad de las Américas, Puebla, Mexico, on the editorial board of the World Bank Research Observer, and is a member of the Executive Committee of the Network on Inequality and Poverty of the Latin America and Caribbean Economics Association.

Michael Walton's current work includes issues relating to poverty, inequality, culture and development strategy, working especially on the interface between economics, political science and anthropology/sociology. His latest publication is Inequality in Latin America and the Caribbean (World bank 2003). He is based in Mexico.




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