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 reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work.

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.

Review:

"This is a brilliant, original work. It is simply the best book I know on economic development. Easterly writes with clarity, honesty, and humor. And he is courageous in his analysis of what went wrong with the development policies followed by the World Bank." - Sergio Rebelo, Tokai Bank Distinguished Professor of International Finance, Kellogg Graduate School of Management, Northwestern University"

"About this title" may belong to another edition of this title.

Store Description

Visit Seller's Storefront

Seller's business information

Thrift Books Global LLC
18300 Cascade Ave S, Ste 150, Seattle, WA, 98188, U.S.A.

Terms of Sale:

We guarantee the condition of every book as it's described on the Abebooks website. If you're dissatisfied with your purchase or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date. Please use the "Ask bookseller a question" link to contact our dedicated Customer Service team and we will be happy to assist you.

Shipping Terms:

All domestic Standard and Expedited shipments are distributed from our warehouses by OSM, then handed off to the USPS for final delivery.

2-Day Shipping is delivered by FedEx, which does not deliver to PO boxes.

International shipments are tendered to the local postal service in the destination country for final delivery – we do not use courier services for international deliveries.

Payment Methods
accepted by seller

Add to Wants

Items related to The Elusive Quest for Growth : Economists' Adventures...

The Elusive Quest for Growth : Economists' Adventures and Misadventures in the Tropics

William Easterly

Used - Hardcover

Seller's business information