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Inhaltsangabe
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.
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Críticas
"This is a brilliant, original work. It is simply the best book I know on economic development. Easterly writes with clarity, honesty, and humor. And he is courageous in his analysis of what went wrong with the development policies followed by the World Bank." - Sergio Rebelo, Tokai Bank Distinguished Professor of International Finance, Kellogg Graduate School of Management, Northwestern University"
Reseña del editor
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 text, 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.
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI3N00
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Good. No Jacket. Former library book; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI3N10
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Very Good. No Jacket. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI4N00
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI3N00
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Very Good. No Jacket. Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI4N10
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The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics
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Hardcover. Zustand: Fair. No Jacket. Former library book; Readable copy. Pages may have considerable notes/highlighting. ~ ThriftBooks: Read More, Spend Less 1.26. Artikel-Nr. G026205065XI5N10
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