The The Elusive Quest for Growth

Economists' Adventures and Misadventures in the Tropics

Business & Finance, Economics
Cover of the book The The Elusive Quest for Growth by William R. Easterly, The MIT Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: William R. Easterly ISBN: 9780262260657
Publisher: The MIT Press Publication: August 2, 2002
Imprint: The MIT Press Language: English
Author: William R. Easterly
ISBN: 9780262260657
Publisher: The MIT Press
Publication: August 2, 2002
Imprint: The MIT Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from The MIT Press

Cover of the book Monetary Theory and Policy by William R. Easterly
Cover of the book The Strip by William R. Easterly
Cover of the book Health Economics by William R. Easterly
Cover of the book Applied Ethics in Mental Health Care by William R. Easterly
Cover of the book Minds without Meanings by William R. Easterly
Cover of the book Operations Rules by William R. Easterly
Cover of the book Simulation and Its Discontents by William R. Easterly
Cover of the book Making IT Work by William R. Easterly
Cover of the book Novacene by William R. Easterly
Cover of the book Beyond Bibliometrics by William R. Easterly
Cover of the book American Environmental Policy by William R. Easterly
Cover of the book Handbook of Embodied Cognition and Sport Psychology by William R. Easterly
Cover of the book Planetary Improvement by William R. Easterly
Cover of the book Music and the Myth of Wholeness by William R. Easterly
Cover of the book Infectious Behavior by William R. Easterly
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy