Author: William R. Easterly
Publisher: MIT Press
ISBN: 0262260654
Category : Business & Economics
Languages : en
Pages : 441
Book Description
Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.
The Elusive Quest for Growth
Author: William R. Easterly
Publisher: MIT Press
ISBN: 0262260654
Category : Business & Economics
Languages : en
Pages : 441
Book Description
Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.
Publisher: MIT Press
ISBN: 0262260654
Category : Business & Economics
Languages : en
Pages : 441
Book Description
Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.
Poverty and Elusive Development
Author: Dan Banik
Publisher:
ISBN: 9788215012186
Category : Economic development
Languages : en
Pages : 296
Book Description
This book questions the current status of the development agenda and examines why development has eluded large groups of people living in poverty. It argues that there is a general unwillingness to understand, and focus adequate attention on, the factors that explain the continued production of poverty and inequality. Development has also become increasingly buzzword-driven, although little effort is made to operationalise such terms for actual implementation on the ground. The book further highlights how development interventions have become largely synonymous with "crises" and why there is a need to refocus our attention on the less sensational, and often invisible, processes that perpetuate poverty. Based on a critical analysis of local, national and global efforts to promote social, economic and political development, the book focuses on a selected set of interrelated issues that form an integral part of the current development discourse: corruption, democracy, human rights, climate change and foreign aid. These are discussed on the basis of empirical evidence from South Asia and Sub-Saharan Africa.
Publisher:
ISBN: 9788215012186
Category : Economic development
Languages : en
Pages : 296
Book Description
This book questions the current status of the development agenda and examines why development has eluded large groups of people living in poverty. It argues that there is a general unwillingness to understand, and focus adequate attention on, the factors that explain the continued production of poverty and inequality. Development has also become increasingly buzzword-driven, although little effort is made to operationalise such terms for actual implementation on the ground. The book further highlights how development interventions have become largely synonymous with "crises" and why there is a need to refocus our attention on the less sensational, and often invisible, processes that perpetuate poverty. Based on a critical analysis of local, national and global efforts to promote social, economic and political development, the book focuses on a selected set of interrelated issues that form an integral part of the current development discourse: corruption, democracy, human rights, climate change and foreign aid. These are discussed on the basis of empirical evidence from South Asia and Sub-Saharan Africa.
Under-Rewarded Efforts
Author: Santiago Levy Algazi
Publisher: Inter-American Development Bank
ISBN: 1597823058
Category : Business & Economics
Languages : en
Pages : 323
Book Description
Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Publisher: Inter-American Development Bank
ISBN: 1597823058
Category : Business & Economics
Languages : en
Pages : 323
Book Description
Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Universalising Healthcare in India
Author: Imrana Qadeer
Publisher: Springer Nature
ISBN: 9811658722
Category : Psychology
Languages : en
Pages : 442
Book Description
This book provides a comprehensive overview of universal health coverage in India. It starts by setting the historical context and politics of the debates around universal health coverage (UHC) in India and proceeds to analyze the present crisis of public health in the country. The book examines the present policies on the pharmaceutical industry, missing links in universalizing health, and the importance of social determinants of health. It is divided into five sections, and some of the topics covered include the difference between comprehensive primary health care and universal health care, public health and medical care, health service, and health system. The chapters are contributed by scholars and practitioners based on historical, interdisciplinary, empirical, and policy research. The book is insightful to academics, public health administrators, policymakers, practitioners, and students interested in health care and organization, looking to transform theory into policy and practice.
Publisher: Springer Nature
ISBN: 9811658722
Category : Psychology
Languages : en
Pages : 442
Book Description
This book provides a comprehensive overview of universal health coverage in India. It starts by setting the historical context and politics of the debates around universal health coverage (UHC) in India and proceeds to analyze the present crisis of public health in the country. The book examines the present policies on the pharmaceutical industry, missing links in universalizing health, and the importance of social determinants of health. It is divided into five sections, and some of the topics covered include the difference between comprehensive primary health care and universal health care, public health and medical care, health service, and health system. The chapters are contributed by scholars and practitioners based on historical, interdisciplinary, empirical, and policy research. The book is insightful to academics, public health administrators, policymakers, practitioners, and students interested in health care and organization, looking to transform theory into policy and practice.
Progress Against Poverty
Author: Santiago Levy
Publisher: Rowman & Littlefield
ISBN: 0815752229
Category : Political Science
Languages : en
Pages : 184
Book Description
In 1997, Mexico launched a new incentive-based poverty reduction program to enhance the human capital of those living in extreme poverty. This book presents a case study of Progresa-Oportunidades, focusing on the main factors that have contributed to the program's sustainability, policies that have allowed it to operate at the national level, and future challenges.
Publisher: Rowman & Littlefield
ISBN: 0815752229
Category : Political Science
Languages : en
Pages : 184
Book Description
In 1997, Mexico launched a new incentive-based poverty reduction program to enhance the human capital of those living in extreme poverty. This book presents a case study of Progresa-Oportunidades, focusing on the main factors that have contributed to the program's sustainability, policies that have allowed it to operate at the national level, and future challenges.
Rethinking and Unthinking Development
Author: Busani Mpofu
Publisher: Berghahn Books
ISBN: 1789201772
Category : Social Science
Languages : en
Pages : 288
Book Description
Development has remained elusive in Africa. Through theoretical contributions and case studies focusing on Southern Africa’s former white settler states, South Africa and Zimbabwe, this volume responds to the current need to rethink (and unthink) development in the region. The authors explore how Africa can adapt Western development models suited to its political, economic, social and cultural circumstances, while rejecting development practices and discourses based on exploitative capitalist and colonial tendencies. Beyond the legacies of colonialism, the volume also explores other factors impacting development, including regional politics, corruption, poor policies on empowerment and indigenization, and socio-economic and cultural barriers.
Publisher: Berghahn Books
ISBN: 1789201772
Category : Social Science
Languages : en
Pages : 288
Book Description
Development has remained elusive in Africa. Through theoretical contributions and case studies focusing on Southern Africa’s former white settler states, South Africa and Zimbabwe, this volume responds to the current need to rethink (and unthink) development in the region. The authors explore how Africa can adapt Western development models suited to its political, economic, social and cultural circumstances, while rejecting development practices and discourses based on exploitative capitalist and colonial tendencies. Beyond the legacies of colonialism, the volume also explores other factors impacting development, including regional politics, corruption, poor policies on empowerment and indigenization, and socio-economic and cultural barriers.
Economic Growth with Equity
Author: José Luis Machinea
Publisher: Springer
ISBN: 0230800912
Category : Business & Economics
Languages : en
Pages : 262
Book Description
This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.
Publisher: Springer
ISBN: 0230800912
Category : Business & Economics
Languages : en
Pages : 262
Book Description
This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.
Poverty, Inequality, and Democracy
Author: Francis Fukuyama
Publisher: JHU Press
ISBN: 1421405709
Category : Political Science
Languages : en
Pages : 212
Book Description
The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi
Publisher: JHU Press
ISBN: 1421405709
Category : Political Science
Languages : en
Pages : 212
Book Description
The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi
Why Nations Fail
Author: Daron Acemoglu
Publisher: Crown Currency
ISBN: 0307719227
Category : Business & Economics
Languages : en
Pages : 546
Book Description
NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny. Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them: • Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West? • Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority? “This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek
Publisher: Crown Currency
ISBN: 0307719227
Category : Business & Economics
Languages : en
Pages : 546
Book Description
NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity” “A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny. Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them: • Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West? • Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority? “This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek
Links Between Growth, Inequality, and Poverty: A Survey
Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54
Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54
Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.