poor economics a radical rethinking of the way to fight global poverty

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Poor Economics

Author : Abhijit Banerjee
ISBN : 9781610391603
Genre : Business & Economics
File Size : 26. 5 MB
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Two practical visionaries upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty

Author : Penguin
ISBN : 9788892541245
Genre : Antiques & Collectibles
File Size : 76. 68 MB
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Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In "Poor Economics," Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the "Wall Street Journal" called "marvelous, rewarding," the authors tell how the stress of living on less than 99 cents per day encourages the poor to make questionable decisions that feed--not fight--poverty. The result is a radical rethinking of the economics of poverty that offers a ringside view of the lives of the world's poorest, and shows that creating a world without poverty begins with understanding the daily decisions facing the poor. Review Amartya Sen “A marvellously insightful book by two outstanding researchers on the real nature of poverty.” Steven D. Levitt “This book is a must-read for anyone who cares about world poverty. It has been years since I read a book that taught me so much. ‘Poor Economics’ represents the best that economics has to offer.” Robert Solow “Abhijit Banerjee and Esther Duflo are allergic to grand generalizations about the secret of economic development. Instead they appeal to many local observations and experiments to explore how poor people in poor countries actually cope with their poverty: what they know, what they seem (or don't seem) to want, what they expect of themselves and others, and how they make the choices that they can make. Apparently there are plenty of small but meaningful victories to be won, some through private and some through public action, that together could add up to a large gains for the world's poor, and might even start a ball rolling. I was fascinated and convinced.” The New York Times, May 19, 2011 “Randomized trials are the hottest thing in the fight against poverty, and two excellent new books have just come out by leaders in the field. One is “Poor Economics,” by Abhijit Banerjee and Esther Duflo... These terrific books move the debate to the crucial question: What kind of aid works best?” About the Author: Abhijit Vinayak Banerjee is the Ford Foundation International Professor of Economics at MIT. He is the recipient of many honors and awards, including most recently the inaugural Infosys Prize in 2009, and has been an honorary advisor to many organizations including the World Bank and the Government of India. Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT. She is a recipient of the MacArthur “genius” award (2009) and the John Bates Clark medal awarded annually to the best American economist under forty (2012). In 2003, Banerjee and Duflo cofounded the Abdul Latif Jameel Poverty Action Lab (J-PAL), which they continue to direct.

Economics Of Agricultural Development

Author : George W. Norton
ISBN : 9781135124069
Genre : Business & Economics
File Size : 32. 96 MB
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Economics of Agricultural Development examines the causes, severity, and effects of poverty, population growth, and malnutrition in developing countries. It discusses potential solutions to these problems, progress made in many countries in recent years, and the implications of globalization for agriculture, poverty, and the environment. Topics covered in the book include: • Means for utilizing agricultural surpluses to further overall economic development • The sustainability of the natural resource environment • Gender issues in relation to agriculture and resource use • The contribution of agricultural technologies • The importance of agricultural and macroeconomic policies as related to development and trade, and the successes and failures of such policies • Actions to encourage more rapid agricultural and economic development The globalization of trade in goods, services, and capital has been fundamental to changes being experienced in the agricultural and rural sectors of developing countries. It has major implications for the fight against poverty and food insecurity and for environmental sustainability. Recently, agriculture has returned to a position of center stage in the development dialog as food price volatility has increased along with water scarcity, and concerns grow over the effects of climate change on food supply and food security. This new edition of the essential textbook in the field builds on the 2010 edition and reflects the following developments: • Growth in foreign demand for land and other natural resources • Significant progress in agricultural and economic development in some low-income countries while others are being left behind • Continued growth in demand for higher-valued farm products This book is essential reading for undergraduate students seeking to understand the economics of agricultural development and the world food system, including environmental and human consequences, international trade, and capital flows.

A History Of Development Economics Thought

Author : Shahrukh Rafi Khan
ISBN : 9781317811589
Genre : Business & Economics
File Size : 83. 26 MB
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This book explores the history of economic development thought, with an emphasis on alternative approaches in macro development economics. Given that the pioneers of development economics in the 1940s and 1950s drew inspiration from classical political economists, this book opens with a review of key classical scholars who wrote about the progress of the wealth of nations. In reviewing the thinking of the pioneers and those that followed, both their theories of development and underdevelopment are discussed. Overall, the book charts the evolution of development economic thought from the early developmentalists and structuralists, through to the neo-Marxist approach and radical development theory, the neo-liberal counter revolution, and the debate between new developmentalists and neo-liberal scholars. It ends with an assessment of the state of the field today. This book will be of interest to all scholars and students interested in the evolution of development economics.

The Oxford Handbook Of Comparative Constitutional Law

Author : Michel Rosenfeld
ISBN : 9780199578610
Genre : Law
File Size : 84. 67 MB
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The field of comparative constitutional law is vast and diverse, international and interdisciplinary. The first single source of reference on the topic, the entries in Handbook are written by leading authorities and discuss the most important subjects in the field, covering the history and development of the discipline, core concepts, structure and interpretations, institutions, rights, and emerging trends. It is an invaluable resource for everyone in the field.

Poverty In Contemporary Literature

Author : B. Korte
ISBN : 9781137429292
Genre : Literary Criticism
File Size : 23. 91 MB
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Poverty and inequality have gained a new public presence in the United Kingdom. Literature, and particularly narrative literature, (re-)configures how people think, feel and behave in relation to poverty. This makes the analysis of poverty-themed fiction an important aspect in the new transdisciplinary field of poverty studies.

The Handbook Of Community Practice

Author : Marie Weil
ISBN : 9781452289977
Genre : Social Science
File Size : 33. 97 MB
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The Second Edition of The Handbook of Community Practice is expanded and updated with a major global focus and serves as a comprehensive guidebook of community practice grounded in social justice and human rights. It utilizes community and practice theories and encompasses community development, organizing, planning, social change, policy practice, program development, service coordination, organizational cultural competency, and community-based research in relation to global poverty and community empowerment. This is also the first community practice text to provide combined and in-depth treatment of globalization and international development practice issues—including impacts on communities in the United States and on international development work. The Handbook is grounded in participatory and empowerment practices, including social change, social and economic development, feminist practice, community-collaborative, and engagement in diverse communities. It utilizes the social development perspective and employs analyses of persistent poverty, asset development, policy practice, and community research approaches as well as providing strategies for advocacy and social and legislative action. The handbook consists of forty chapters which challenge readers to examine and assess practice, theory, and research methods. As it expands on models and approaches, delineates emerging issues, and connects policy and practice, the book provides vision and strategies for local to global community practice in the coming decades. The handbook will continue to stand as the central text and reference for comprehensive community practice, and will be useful for years to come as it emphasizes direction for positive change, new developments in community approaches, and focuses attention on globalization, human rights, and social justice. It will continue to be used as a core text for multiple courses within programs, will have long term application for students of community practice, and will provide practitioners with new grounding for development, planning, organizing, and empowerment and social change work.

Poverty Of Nations

Author : Dr Subhrendu Bhattacharya
ISBN : 9781496942517
Genre : Social Science
File Size : 55. 38 MB
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The book deals with the concept of poverty, its causes and cures. The rich ordinarily blaming the poor that latter remain poor, because of their being lazy and the poor feeling that their poverty, arises from the exploitation by the rich, both views have been attempted to be dismantled. The dichotomy of poverty and the affluence has not been an age old phenomenon. The inequalities, in the non industrial ages, were far from being distinct, except an extremely thin layer of the royalty and the feudal. With prosperity of few nations, arising from industrial revolution, from the middle of the 1700s and the increased naval power, of a few nations, made the difference between the rich and poor regions and between the countries sharp. As money begets money, the economic development, too followed the same path. The author examined how the poverty, got accentuated by migration of labour and the rich engaging them, on security of contract basis, for longer periods, either paying measly compensation or with no wages. They also restricted their mobility to leverage, from their cheap labour. This is reflected even in the new millennium, in the form of denial of industrial democracy, by some gigantic corporations, to annihilate the bargaining power of the labour. The book also mentions how disengaged nature of the democratic politics of the poor in the developed world, kept them poorer and wanting in confidence. Remedial measures have also been discussed, in this study, which, as stressed by the author, need to be continent specific, rather than one cloth size fits all, approach of the multilateral Institutions. The book has not examined and researched poverty as one blanket entity but researched poverty at multi-layered level and at each level the author got to the bottom of the issue and provided unique solutions. The study suggests need for a gesture of benevolence, of the developed world, keeping in mind the downsides that resulted from colonization. The book goes into the question of emergence of avoidance of practical education, science and engineering education, lack of interest in academic rigour, in several industrial countries, in the recent years, which could be heavily challenging, for future generations. The book is unique, in its dealing with remedial measures, to which the book has considerably dedicated.

The Universal Social Safety Net And The Attack On World Poverty

Author : Anthony Clunies-Ross
ISBN : 9781134659142
Genre : Business & Economics
File Size : 39. 19 MB
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The book is concerned with strategy and tactics for directing that small slice of world income into filling the gap. This must be done country by country, on the initiative of each country’s government: with the maximum involvement of its own civil society, and with the rich world also making a contribution. To add momentum, the international community needs to adopt targets far more specific than the fifty percent extreme ‘poverty reduction’ of the first Millennium Development Goal.

Towards A Better Global Economy

Author : Franklin Allen
ISBN : 9780191035135
Genre : Business & Economics
File Size : 88. 85 MB
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Substantial progress in the fight against extreme poverty was made in the last two decades. But the slowdown in global economic growth and significant increases in income inequality in many developed and developing countries raise serious concerns about the continuation of this trend into the 21st century. The time has come to seriously think about how improvements in official global governance, coupled with and reinforced by rising activism of 'global citizens' can lead to welfare-enhancing and more equitable results for global citizens through better national and international policies. This book examines the factors that are most likely to facilitate the process of beneficial economic growth in low-, middle-, and high-income countries. It examines past, present, and future economic growth; demographic changes; the hyperglobalization of trade; the effect of finance on growth; climate change and resource depletion; and the sense of global citizenship and the need for global governance in order to draw longer-term implications, identify policy options for improving the lives of average citizens around the world, and make the case for the need to confront new challenges with truly global policy responses. The book documents how demographic changes, convergence, and competition are likely to bring about massive shifts in the sectoral and geographical composition of global output and employment, as the center of gravity of the global economy moves toward Asia and emerging economies elsewhere. It shows that the legacies of the 2008-09 crisis-high unemployment levels, massive excess capacities, and high debt levels-are likely to reduce the standard of living of millions of people in many countries over a long period of adjustment and that fluctuations in international trade, financial markets, and commodity prices, as well as the tendency of institutions at both the national and international level to favor the interests of the better-off and more powerful pose substantial risks for citizens of all countries. The chapters and their policy implications are intended to stimulate public interest and facilitate the exchange of ideas and policy dialogue.

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