The elusive quest for growth: economists' adventures and misadventures in the tropics

By: Easterly, WilliamContributor(s): ebrary | IncMaterial type: Text

TextPublication details: London: MIT Pres, 2002. Description: xiii, 342 pages : illustrations ; 23 cmISBN: 0-262-05065-X (pbk.)Subject(s): Poverty | BUSINESS & ECONOMICS Development Economic | Socio-economic aspectsDDC classification: 338.90091724 EAS Summary: "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

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Holdings
Item type	Current library	Call number	Copy number	Status	Date due	Barcode
Book	Teaching & Research Resource Centre - 1 - Economics, Mathematics and Statistics	338.90091724 EAS (Browse shelf(Opens below))	2	Available		M-92816
Book	Teaching & Research Resource Centre - 1 - Economics, Mathematics and Statistics	338.90091724 EAS (Browse shelf(Opens below))	2	Available		M-30720

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Previous	338.90091724 COL The bottom billion: why the poorest countries are failing and what can be done about it	338.90091724 DER Gambling on development : why some countries win and others lose	338.90091724 EAS The elusive quest for growth: economists' adventures and misadventures in the tropics	338.90091724 EAS The elusive quest for growth: economists' adventures and misadventures in the tropics	338.90091724 FAR Postcrisis growth and development: a development agenda for the G-20	338.90091724 FAR Postcrisis growth and development: a development agenda for the G-20	338.90091724 LIN The quest for prosperity: how developing economies can take off	Next

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

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