Poor Economics

Author: Abhijit Banerjee
Publisher: Hachette UK
ISBN: 1610391608
Size: 63.70 MB
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Poor Economics from the Author: Abhijit Banerjee. 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.

Poor Economics

Author: Abhijit Banerjee
Publisher: PublicAffairs
ISBN: 1610391608
Size: 17.56 MB
Format: PDF, ePub, Mobi
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Poor Economics from the Author: Abhijit Banerjee. 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.

Poor Economics

Author: Abhijit V. Banerjee
Publisher:
ISBN: 9788184002805
Size: 18.98 MB
Format: PDF
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Poor Economics from the Author: Abhijit V. Banerjee.

Poor Economics

Author: Abhijit V. Banerjee
Publisher: Penguin Books, Limited (UK)
ISBN: 9780718193669
Size: 80.31 MB
Format: PDF, Mobi
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Poor Economics from the Author: Abhijit V. Banerjee. From the award-winning founders of the Abdul Latif Jameel Poverty Action Lab at MIT, a transformative reappraisal of the world of the extreme poor, their lives, desires, and frustrations.

The Economics Of Poverty

Author: Martin Ravallion
Publisher: Oxford University Press
ISBN: 0190212772
Size: 80.72 MB
Format: PDF
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The Economics Of Poverty from the Author: Martin Ravallion. While there is no denying that the world has made huge progress against absolute poverty over the last 200 years, until recent times the bulk of that progress had been made in wealthy countries only. The good news is that we have seen greater progress against poverty in the developing world in recent times-indeed, a faster pace of progress against extreme poverty than the rich world saw over a period of 100 years or more of economic development. However, continuing progress is far from assured. High and rising inequality has stalled progress against poverty in many countries. We are seeing generally rising relative poverty in the rich world as a whole over recent decades. And even in the developing world, there has been less progress in reaching the poorest, who risk being left behind, and a great many people in the emerging middle class remain highly vulnerable to falling back into poverty. The Economics of Poverty strives to support well-informed efforts to put in place effective policies to assure continuing success in reducing poverty in all its dimensions. The book reviews critically the past and present debates on the central policy issues of economic development everywhere. How much poverty is there? Why does poverty exist? What can be done to eliminate poverty? Martin Ravallion provides an accessible new synthesis of current knowledge on these issues. It does not assume that readers know economics already. Those new to economics get a lot of help along the way in understanding its concepts and methods. Economics lives though its relevance to real world problems, and here the problem of global poverty is both the central focus and a vehicle for learning.

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

Author: Penguin
Publisher: Penguin
ISBN: 8892541242
Size: 78.55 MB
Format: PDF, ePub, Mobi
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Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty from the Author: Penguin. 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.

The Oxford Handbook Of The Economics Of Poverty

Author: Philip N. Jefferson
Publisher: Oxford University Press on Demand
ISBN: 0195393783
Size: 69.33 MB
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The Oxford Handbook Of The Economics Of Poverty from the Author: Philip N. Jefferson. This Handbook examines poverty measurement, anti-poverty policy and programs, and poverty theory from the perspective of economics. It is written in a highly accessible style that encourages critical thinking about poverty. What's known about the sources of poverty and its alleviation are summarized and conventional thinking about poverty is challenged.

Poor Numbers

Author: Morten Jerven
Publisher: Cornell University Press
ISBN: 0801467616
Size: 59.90 MB
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Poor Numbers from the Author: Morten Jerven. One of the most urgent challenges in African economic development is to devise a strategy for improving statistical capacity. Reliable statistics, including estimates of economic growth rates and per-capita income, are basic to the operation of governments in developing countries and vital to nongovernmental organizations and other entities that provide financial aid to them. Rich countries and international financial institutions such as the World Bank allocate their development resources on the basis of such data. The paucity of accurate statistics is not merely a technical problem; it has a massive impact on the welfare of citizens in developing countries. Where do these statistics originate? How accurate are they? Poor Numbers is the first analysis of the production and use of African economic development statistics. Morten Jerven's research shows how the statistical capacities of sub-Saharan African economies have fallen into disarray. The numbers substantially misstate the actual state of affairs. As a result, scarce resources are misapplied. Development policy does not deliver the benefits expected. Policymakers' attempts to improve the lot of the citizenry are frustrated. Donors have no accurate sense of the impact of the aid they supply. Jerven's findings from sub-Saharan Africa have far-reaching implications for aid and development policy. As Jerven notes, the current catchphrase in the development community is "evidence-based policy," and scholars are applying increasingly sophisticated econometric methods-but no statistical techniques can substitute for partial and unreliable data.

Review Essay Poor Economics Banerjee Duflo

Author: Christopher King
Publisher: GRIN Verlag
ISBN: 3656511012
Size: 66.48 MB
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Review Essay Poor Economics Banerjee Duflo from the Author: Christopher King. Literature Review from the year 2013 in the subject Politics - International Politics - Topic: Development Politics, grade: 1,0, Indiana University (Department of Political Science), course: Politics of International Development, language: English, abstract: “After all, we have spent billions of dollars on aid. [...] Has it done any good? And sadly, we don’t know. And worst of all, we will never know.” (Duflo 2010, 01:37) Poverty alleviation is a huge humanitarian challenge and also the supreme discipline of some economists. The effort to fight poverty had a mixed success so far and scholars claim different reasons for that outcome (cf. Besley 2012). In “Poor Economics”, Abhijit Banerjee and Esther Duflo avoid the often polemic ‘Sachs vs. Easterly’ aid debate and promise a “radical rethinking of the way to fight global poverty”: They make a convincing case about learning on the lives of the poor and the unique choices they have to face in their lives. Banerjee/Duflo understand how the poor perceive their conditions and come to the decision they make and are therefore able to craft better strategies and interventions that actually help the poor and do not produce unintended consequences. By doing that, they deliberately target the micro-level and leave out the level of politics or institutions, which is somewhat problematic, to search effective approaches in answers of the smaller questions. This essay is structured in the following way: After an introduction to the analysis (2.) and an overview of Randomized Controlled Trials (RCTs), the main method of Banerjee/Duflo (2.1), the analysis will provide an assessment of key examples of the two scholars’ research (2.2). Subsequently, an evaluation of limitations (2.3) and shortcomings (2.4) of the book will be conducted. By evaluating the approach and findings of “Poor Economics”, the essay will be able to compare it with other scholarly works (3.). A conclusion (4.) will summarize the review and end with a personal take on what has been learned through studying the book.

Economics Of Poverty Environment And Natural Resource Use

Author: Rob B. Dellink
Publisher: Springer Science & Business Media
ISBN: 9781402083037
Size: 34.10 MB
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Economics Of Poverty Environment And Natural Resource Use from the Author: Rob B. Dellink. Reduction of poverty is a tremendous and persistent challenge for the global community. Given that the livelihood of millions is at stake, there is an urgent need to reconsider the causes of and the remedies for poverty. Poverty and its reduction are closely linked to the natural-resources base. The quality and bounty of the local environment certainly affect living conditions of the poor and their poverty is often seen as a contributing factor to the degraded condition of the local environment. Teasing apart the direction of causality in this resource–poverty nexus is a serious empirical challenge. This book contributes to an improved understanding of the economic dimensions of environmental and natural-resource management and poverty alleviation. The ten chapters of the book offer an overview of the current knowledge concerning the relation between poverty, environment and natural-resource use. Three sides of the debate receive particular attention. First, the relation between resource use and poverty is discussed from a theoretical point of view. Second, it is questioned whether payments for environmental services or considering values of resources can be an effective tool for stimulating both sustainable resource use and poverty alleviation. Third, alternative strategies to break the land degradation–poverty cycle are discussed.