Understanding Poverty

ISBN-10: 0195305205

ISBN-13: 9780195305203

Edition: 2006

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Description: Understanding poverty and what to do about it, is perhaps the central concern of all of economics. Yet the lay public almost never gets to hear what leading professional economists have to say about it. This volume brings together twenty-eight essays by some of the world leaders in the field, who were invited to tell the lay reader about the most important things they have learnt from their research that relate to poverty. The essays cover a wide array of topics: the first essay is about how poverty gets measured. The next section is about the causes of poverty and its persistence, and the ideas range from the impact of colonialism and globalization to the problems of "excessive" population growth, corruption and ethnic conflict. The next section is about policy: how should we fight poverty? The essays discuss how to get drug companies to produce more vaccines for the diseases of the poor, what we should and should not expect from micro-credit, what we should do about child labor, how to design welfare policies that work better and a host of other topics. The final section is about where the puzzles lie: what are the most important anomalies, the big gaps in the way economists think about poverty? The essays talk about the puzzling reluctance of Kenyan farmers to fertilizers, the enduring power of social relationships in economic transactions in developing countries and the need to understand where aspirations come from, and much else. Every essay is written with the aim of presenting the latest and the most sophisticated in economics without any recourse to jargon or technical language.

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Book details

List price: $40.00
Copyright year: 2006
Publisher: Oxford University Press, Incorporated
Publication date: 4/20/2006
Binding: Paperback
Pages: 496
Size: 6.25" wide x 9.00" long x 1.50" tall
Weight: 1.826
Language: English

Introduction
Measuring Poverty
The Causes of Poverty
Understanding Prosperityand Poverty: Geography, Institutions, and the Reversal of Fortune
Colonialism, Inequality, and Long-Run Paths Of Development
The Kuznets Curve: Yesterday and Tomorrow
A New Growth Approach to Poverty Alleviation
Globalization and All That
The Global Economy and the Poor
The Role of Agriculture in Development
Fertility and Income
Fertility in Developing Countries
Corruption and Development
Ethnic Diversity and Poverty Reduction
How Should We Go About Fighting Poverty?
Redistribution toward Low Incomes in Richer Countries
Transfers and Safety Nets in Poor Countries: Revisitingthe Trade-Offs and Policy Options
Poverty Persistence and Design of Antipoverty Policies
Child Labor
Policy Dilemmas for Controlling Child Labor
The Primacy of Education
Public Goods and Economic Development
Intellectual Property and Health in Developing Countries
Public Policies to Stimulate Development of Vaccines for Neglected Diseases
Microinsurance: The Next Revolution?
Credit, Intermediation, and Poverty Reduction
New Ways of Thinking About Poverty
Poor but Rational?
Better Choices to Reduce Poverty
Nonmarket Institutions
Racial Stigma: Toward a New Paradigm for Discrimination Theory
Aspirations, Poverty and Economic Change
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