The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics William R Easterly William Easterly 9780262550420 Books lis The%20Elusive%20Quest%20for%20Growth%20Economists%26%2339%20Adventures%20and%20Misadventures%20in%20the%20Tropics%20William%20R%20Easterly%20William%20Easterly%209780262550420%20Books
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lis The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics William R Easterly William Easterly 9780262550420 Books IYZ
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.
William R. Easterly, William Easterly,The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics,MIT Press,0262550423,Development - Economic Development,Economics - Theory,Developing countries - Economic policy,Poor - Developing countries,Poverty - Developing countries,BUSINESS ECONOMICS / Development / Economic Development,BUSINESS ECONOMICS / Economics / General,BUSINESS ECONOMICS / Economics / Theory,Business Economics,Business / Economics / Finance,Business/Economics,Development economics emerging economies,ECONOMIC POLICY,ECONOMIC THEORY,Economics,Economics - General,Economics/Trade Development,Non-Fiction,Popular economics,Scholarly/Undergraduate,UNIVERSITY PRESS,United States
The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics William R Easterly William Easterly 9780262550420 Books Reviews :
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.
William R. Easterly, William Easterly,The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics,MIT Press,0262550423,Development - Economic Development,Economics - Theory,Developing countries - Economic policy,Poor - Developing countries,Poverty - Developing countries,BUSINESS ECONOMICS / Development / Economic Development,BUSINESS ECONOMICS / Economics / General,BUSINESS ECONOMICS / Economics / Theory,Business Economics,Business / Economics / Finance,Business/Economics,Development economics emerging economies,ECONOMIC POLICY,ECONOMIC THEORY,Economics,Economics - General,Economics/Trade Development,Non-Fiction,Popular economics,Scholarly/Undergraduate,UNIVERSITY PRESS,United States
The Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics [William R. Easterly, William Easterly] on . PBWhy economists' attempts to help poorer countries improve their economic well-being have failed./B/PPSince the end of World War II
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