The elusive quest for growth : economists' adventures and misadventures in the tropics /
"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,...
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| Format: | Government Document Book |
| Language: | English |
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Cambridge, Mass. :
MIT Press,
2001
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| Summary: | "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 institutional reforms." "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."--Jacket |
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| Physical Description: | 1 online resource (xiii, 342 pages) : illustrations |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 |
| Bibliography: | Includes bibliographical references (pages 313-333) and index |
| ISBN: | 026205065X 0262272113 0262332884 0262550423 0585393095 9780262050654 9780262272117 9780262332880 9780262550420 9780585393094 |