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Michael Walton

World Development Report 2006: Equity and Development
Michael Walton, co-leader of the 2006 World Development Report (WDR) on the role of equity in development, is on leave from the Latin America and Caribbean Region of the World Bank to teach at Harvard's Kennedy School of Government.

He has recently focused on issues relating to poverty, inequality, culture and development strategy, especially the interface between economics, political science and anthropology/sociology. He is the editor, with Vijayendra Rao, of Culture and Development, Stanford University Press, 2004, and one of the authors of Inequality in Latin America and the Caribbean (World Bank, 2003).

With twenty years of experience as a Bank economist and development practitioner, Walton has held several key positions in the institution and has also been associated with previous WDRs:

  • Regional Adviser on Poverty Reduction and Human Development for the Latin America and Caribbean Region of the Bank.
  • Director for Poverty Reduction for the Bank during 1997-2000. In this capacity, he was part of the management group for the 2000/01 WDR on Poverty and Development, and played a key role in designing the new Poverty Reduction Strategy initiative for low income countries.
  • Chief Economist for the East Asia and Pacific Region during 1995-97.
  • Director for the 1995 WDR on Labor.
  • Deputy leader for the 1990 WDR on Poverty.
  • Economic Adviser to two Chief Economists of the World Bank in the early 1990s. 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.
  • Economist studying Indonesia and Zimbabwe for about five years each. He produced a range of studies on macroeconomic conditions, structural reform, employment, labor, private investment and the electric power sector.

In the late 1970s, Walton worked in the Central Planning and Development Office of the Government of Lesotho as a planning officer with responsibility for rural development. His educational background includes a degree in Philosophy and Economics, and a Masters in Economics, from Oxford University.






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