Pathways Out of Poverty: Private Firms and Economic Mobility in Developing Countries - Hardcover

Hardcover

ISBN 10: 1402074123 ISBN 13: 9781402074127

Publisher: Kluwer Academic Publishers, 2003

Synopsis

Until recently, development economists tended to assume a role for private enterprise in reducing poverty, but they didn't articulate it explicitly. The new institutional economics literature, with its emphasis on transaction costs, addresses the environment in which private businesses operate in various countries - the "investment climate". Building on this new thinking, "Pathways Out of Poverty" begins by citing the worldwide drop in the number of very poor people and goes on to identify the ways in which private firms and farms contribute to economic mobility and poverty reduction and what governments can do to enhance this contribution. In four parts, the editors and contributors address economic mobility, offer numerous global examples, consider the importance of good investment climates, and examine the impact of public policies and public attitudes. Their theory, hard economic analysis and case studies provide mechanisms for reducing poverty in developing and transition countries.

About this title

About the Author

Gary S. Fields is professor in the Department of Labor Economics and chair of the Department of International and Comparative Labor at Cornell University. Guy Pfeffermann was for the past fifteen years Chief Economist of the International Finance Corporation, the private sector arm of the World Bank. He teaches at Johns Hopkins University's School of Advanced International Studies.

Edition details

• Publisher: Kluwer Academic Publishers
• Publication date: 2003
• Language: English
• ISBN 10: 1402074123
• ISBN 13: 9781402074127
• Binding: Hardcover
• Number of pages: 316
• Editor: Fields Gary S., Pfeffermann Guy