The elusive quest for growth: economists' adventures and misadventures in the tropics
Easterly, William
The elusive quest for growth: economists' adventures and misadventures in the tropics - London: MIT Pres, 2002. - xiii, 342 pages : illustrations ; 23 cm.
14. Conclusion: The View from Lahore
Includes bibliographical references and Index
"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 institutional reforms." "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."--Jacket
0-262-05065-X (pbk.)
Poverty
BUSINESS & ECONOMICS Development Economic
Socio-economic aspects
338.90091724 EAS
The elusive quest for growth: economists' adventures and misadventures in the tropics - London: MIT Pres, 2002. - xiii, 342 pages : illustrations ; 23 cm.
14. Conclusion: The View from Lahore
Includes bibliographical references and Index
"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 institutional reforms." "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."--Jacket
0-262-05065-X (pbk.)
Poverty
BUSINESS & ECONOMICS Development Economic
Socio-economic aspects
338.90091724 EAS