Elusive Quest for Growth : Economists Adventures and Misadventure in the Tropics - Easterly, William

Elusive Quest for Growth : Economists Adventures and Misadventure in the Tropics

William Easterly

Yayınevi: MIT Press

Yayın tarihi: 12/2002

ISBN: 9780262550420

İngilizce | 356 Sayfa |

Tür: Ekonomi

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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 text, 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. More from Blackwell's Classical and Rock & Pop CDs! Browse our selection of CDs at prices you just can't afford to miss! Books of the Month! Save ££s on our wide range of choices for December. Blackwell's Top Ten! Take a look at our cut-price best sellers and future classics. Shop on Your Mobile Register, install, browse and then buy using this new and exciting way to shop at Blackwell's.

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