Darryl McLeod

Ph.D., University of California, Berkeley

Development Economics

Darryl McLeod is an Associate Professor of Economics at Fordham University. His current research focuses on the political economy of falling inequality and poverty in Latin America and on the impact of immigration, remittances and financial innovation on poverty and women's agency. At Fordham's Center for International Policy Studies, Professor McLeod co-directed a Packard Foundation funded survey of Mexican immigrants from Puebla and Guerrero now living in New York. From 2005 to 2008 he was a consultant for UNDP's Poverty Group and the Bureau of Crisis Prevention and Recovery. He was a founding member and first Treasurer of the Latin American and Caribbean Economic Association. Dr. McLeod participated in IDB and the OAS missions and technical support programs in Mexico and Venezuela and with Lehman Brothers during the 1980s and 2990s financial crisis. His BS and Ph.D. degrees are from the University of California at Berkeley.

Inequality, Social Mobility, and Poverty

Sumaya Ali Brahim and D. Mcleod (2016) "Inequality and Mobility: Gatsby in the Americas" Modern Economy 7:5 643-55.

Sumaya Ali Brahim and D. Mcleod (2015) Inequality and Social Mobility: Gatsby in the Americas, paper presented at the Mobility in the Americas Conference, April 24, 2015, sponsored by the Espinosa Yglesias Research Centre &Stanford Center on Poverty and Inequality, Inst for Research in the Social Sciences, Alta Road Stanford CA.

Fuentes, Norma, Sumaya Ali Brahim and D. Mcleod (2015) Gender and Mobility: Gatsby in the Americas, presented at the Fordham-Ibero Conference on Living Wages, Fordham University, July 21, 2015, Fordham University.

Nancy Birsdall, Nora Lustig and Darryl McLeod (2013) Declining Inequality in Latin America: Some Economics, Some Politics – CGD Working Paper #251 05/19/2011 now published in the 2013 Routledge Handbook of Latin American Politics, Peter Kingstone and Deborah J. Yashar, eds. March 7, 2013, Routledge, NY.

Darryl McLeod and Nora Lustig “Are Latin America's New Left Regimes Reducing Inequality Faster?” Woodrow Wilson Center for International Scholars, Latin America Program, with Nora Lustig, July 2009.

“Tracking Monitoring MDG 1 Poverty reduction in Middle-Income Countries: Bulgaria, Moldova, Chile, Costa Rica, El Salvador, Honduras, and Mexico” 2007 prepared for UNDP-BDP Poverty Group, Oct 2007.

“Is poverty increasing in Bangladesh? Reconciling national and international estimates” report prepared for UNDP-BDP Poverty Group, November 2007 (revised).

How fast did Developing Country Poverty fall during the 1990s? : Capabilities-based tests of rival estimates” Economics Letters, 90 (2006) 297-303.

Nora Lustig and Darryl McLeod (1997) “Minimum Wages and Poverty in Developing Countries: Some Empirical Evidence” with Nora Lustig in Edwards, Sebastian and Nora Lustig eds., Labor Markets in Latin America, Brookings Institution Press, Washington D.C. 1997

Labor Markets and Post Conflict Recovery

Darryl McLeod and Maria Davalos (2007) “Post-Conflict Employment, Recovery and Poverty Reduction” paper prepared for UNDP-BDP Poverty Group, October 2007.

Consultant for principle contributor to the UNDP-Bureau of Crisis Prevention and Recovery, Chapter 4 of Post-Conflict Economic Recovery, UNDP, New York, 2009.

Nora Lustig and Darryl McLeod (1997) “Minimum Wages and Poverty in Developing Countries: Some Empirical Evidence” in Edwards, Sebastian and Nora Lustig eds., Labor Markets in Latin America, Brookings Institution Press, Washington D.C. 1997.

Social Innovation and Community development

Darryl McLeod (2005) “Turning Diversity to Advantage: Promoting Community Based Fair Trade and Entrepreneurship in Gillis, Nancy and Sean Southey (2005) A Community Dialogue for Meeting the Millennium Development Goals, Fordham University Press, New York.

Darryl McLeod (1976) Urban-Rural Food Alliances: A Perspective on Recent Community Food Organizing, in Richard Merrill, ed. Radical Agriculture (Chapter 12) Harper Collins.

Real Exchange Rates, Trade, and Capital Flows

Darryl McLeod and William Gruben (2004) “Currency Competition and Inflation Convergence” paper Latin American Economic Association Meetings, in San Jose Costa Rica, November 4-6.

“Choosing Among Rival Poverty Estimates: Some Tests for Latin America” presented at LACEA annual Meetings, Universidad de las Américas, Puebla (UDLAP), Mexico, October 2003

Darryl McLeod and William Gruben (2004) “The Openness-Inflation Puzzle Revisited”, Applied Economics Letters, 2004,11, 465-468 (lead article).

“Capital Account Liberalization and Inflation” Economic Letters,77, October 2002, 221-25.

“Capital Account Liberalization and Disinflation in the 1990s” co-authored paper presented at the 2000 Rio LACEA meetings and Center for Latin American Economics Working Paper #0104.

with Bill Gruben (1998) “Capital Flows, Savings, and Growth in the 1990s” The Quarterly Review of Economics and Finance, Fall 1998, vol. 38, no. 3, pp. 287-302.

“The Costs and Benefits of Fixed Dollar Exchange Rates in Latin America" with John Welch Economic Review, Federal Reserve Bank of Dallas, 1st Quarter 1993.

"Capital Flight" entry in the Fortune Encyclopedia of Economics, Time Warner, NY, 1993 now available online as the >Concise Encyclopedia of Economics.

with John Welch (1993) “Exchange Rate Uncertainty and Economic Growth in Latin America" Federal Reserve Bank of Dallas, Research Paper #9338 (coauthored with John Welch), March 1993.

with John Welch (1991) "Real Exchange Rates and Investment Booms in Latin America" in Proceedings of Federal Reserve Bank of Dallas North American Free Trade Conference July.

with Parantap Basu (1991) "Terms of Trade and Economic Growth in Developing Economies" Journal of Development Economics, Vol. 37, No. 1, November 1991, pp. 89-110.

Migration and Development

Juan Molina and Darryl McLeod, 2007 Remittances, Inequality and Poverty Reduction in Latin America, presented at the Eastern Economic Association Meeting, February 24th, New York City.

with William Gruben (2006) “Apparel Exports and Education: How Developing Nations Encourage Women’s Schooling” Dallas Federal Reserve Bank Economic Letter, Vol. 1, No. 3 March.

“Apparel jobs for Women: Ladder up or poverty trap?” (2005) w/ Rosendo Ramirez, Maria Davalos & Bill Gruben, presented at LACEA/IDB/WB Network on Inequality and Poverty (NIP) México, UDLA Puebla July 8-9th 2005.

Theory: Resources, Trade and Debt

with Bill Gibson (1983) Non-produced means of production in Sraffa's system: basics, non-basics, and quasi-basics, Cambridge Journal of Economics Vol. 7, No. 2 (June 1983), pp. 141-150 Oxford University Press

Books and Book Chapters
Principle author/contributor to the UNDP-Bureau of Crisis Prevention and Recovery, Chapter 4 of Post-Conflict Economic Recovery, UNDP, New York, 2009.

Turning Diversity to Advantage: Promoting Community Based Fair Trade and Entrepreneurship in Gillis, Nancy and Sean Southey (2005) A Community Dialogue for Meeting the Millennium Development Goals, Fordham University Press, New York.

Minimum Wages and Poverty in Developing Countries: Some Empirical Evidence” with Nora Lustig in Edwards, Sebastian and Nora Lustig eds., Labor Markets in Latin America, Brookings Institution Press, Washington D.C. 1997.

Capital Flight, in the Fortune Encyclopedia of Economics, Time Warner, NY, 1993 now Available online as the Concise Encyclopedia of Economics.

The Employment Effects of Barriers to North-South Trade, coauthored. In D. Salvatore, ed. The New Protectionist Threat to Global Welfare, (North Holland, New York). 1986.