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

Name: Elusive Quest for Growth Economists' Adventures and Misadventures in the Tropics
Availability: InStock
ISBN: 9780262550420

ISBN-10: 0262550423

ISBN-13: 9780262550420

Edition: 2002

Authors: William R. Easterly

List price: $36.95

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Description:

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…

Book details

List price: $36.95
Copyright year: 2002
Publisher: MIT Press
Publication date: 8/2/2002
Binding: Paperback
Pages: 356
Size: 6.06" wide x 9.00" long x 0.78" tall
Weight: 1.276
Language: English



Acknowledgments


Prologue: The Quest



Why Growth Matters



To Help the Poor


Intermezzo: In Search of a River



Panaceas That Failed



Aid for Investment


Intermezzo: Parmila



Solow's Surprise: Investment Is Not the Key to Growth


Intermezzo: Dry Cornstalks



Educated for What?


Intermezzo: Without a Refuge



Cash for Condoms?


Intermezzo: Tomb Paintings



The Loans That Were, the Growth That Wasn't


Intermezzo: Leila's Story



Forgive Us Our Debts


Intermezzo: Cardboard House



People Respond to Incentives



Tales of Increasing Returns: Leaks, Matches, and Traps


Intermezzo: War and Memory



Creative Destruction: The Power of Technology


Intermezzo: Accident in Jamaica



Under an Evil Star


Intermezzo: Favela Life



Governments Can Kill Growth


Intermezzo: Florence and Veronica



Corruption and Growth


Intermezzo: Discrimination in Palanpur



Polarized Peoples


Intermezzo: Violent for Centuries



Conclusion: The View from Lahore


Notes


References and Further Reading


Index