Poor Economics

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Poor Economics

Author : Abhijit V. Banerjee,Esther Duflo
Publisher : PublicAffairs
Page : 321 pages
File Size : 40,5 Mb
Release : 2012-03-27
Category : Business & Economics
ISBN : 9781610391603

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Poor Economics by Abhijit V. Banerjee,Esther Duflo Pdf

The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Good Economics for Hard Times

Author : Abhijit V. Banerjee,Esther Duflo
Publisher : PublicAffairs
Page : 398 pages
File Size : 46,6 Mb
Release : 2019-11-12
Category : Business & Economics
ISBN : 9781541762879

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Good Economics for Hard Times by Abhijit V. Banerjee,Esther Duflo Pdf

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

The Economics of Poverty

Author : Martin Ravallion
Publisher : Oxford University Press
Page : 737 pages
File Size : 48,6 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780190212773

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The Economics of Poverty by Martin Ravallion Pdf

"An overview of the economic development of and policies intended to combat poverty around the world"--

The Economics of Poverty Traps

Author : Christopher B. Barrett,Michael Carter,Jean-Paul Chavas,Michael R. Carter
Publisher : University of Chicago Press
Page : 425 pages
File Size : 47,8 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9780226574301

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The Economics of Poverty Traps by Christopher B. Barrett,Michael Carter,Jean-Paul Chavas,Michael R. Carter Pdf

What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

Why Nations Fail

Author : Daron Acemoglu,James A. Robinson
Publisher : Currency
Page : 546 pages
File Size : 45,7 Mb
Release : 2013-09-17
Category : Business & Economics
ISBN : 9780307719225

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Why Nations Fail by Daron Acemoglu,James A. Robinson Pdf

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Poor Economics

Author : Abhijit V. Banerjee,Esther Duflo
Publisher : Penguin Press
Page : 0 pages
File Size : 47,5 Mb
Release : 2012
Category : Business & Economics
ISBN : 0718193660

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Poor Economics by Abhijit V. Banerjee,Esther Duflo Pdf

From the award-winning founders of the Abdul Latif Jameel Poverty Action Lab at MIT, a transformative reappraisal of the world of the extreme poor, their lives, desires, and frustrations.

The Social Economics of Poverty

Author : Christopher Brendan Barrett
Publisher : Psychology Press
Page : 432 pages
File Size : 52,5 Mb
Release : 2005
Category : Business & Economics
ISBN : 0415700884

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The Social Economics of Poverty by Christopher Brendan Barrett Pdf

A unique analysis of the moral and social dimensions of microeconomic behaviour in developing countries, this book calls into question standard notions of rationality and many of the assumptions of neo-classical economics, and shows how these are inappropriate in communities with widespread disparity in incomes. This book will prove to be essential for students studying development economics.

A World of Three Zeros

Author : Muhammad Yunus
Publisher : PublicAffairs
Page : 283 pages
File Size : 53,8 Mb
Release : 2017-09-26
Category : Social Science
ISBN : 9781610397582

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A World of Three Zeros by Muhammad Yunus Pdf

A winner of the Nobel Peace Prize and bestselling author of Banker to the Poor offers his vision of an emerging new economic system that can save humankind and the planet Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize for his work in alleviating poverty, is one of today's most trenchant social critics. Now he declares it's time to admit that the capitalist engine is broken -- that in its current form it inevitably leads to rampant inequality, massive unemployment, and environmental destruction. We need a new economic system that unleashes altruism as a creative force just as powerful as self-interest. Is this a pipe dream? Not at all. In the last decade, thousands of people and organizations have already embraced Yunus's vision of a new form of capitalism, launching innovative social businesses designed to serve human needs rather than accumulate wealth. They are bringing solar energy to millions of homes in Bangladesh; turning thousands of unemployed young people into entrepreneurs through equity investments; financing female-owned businesses in cities across the United States; bringing mobility, shelter, and other services to the rural poor in France; and creating a global support network to help young entrepreneurs launch their start-ups. In A World of Three Zeros, Yunus describes the new civilization emerging from the economic experiments his work has helped to inspire. He explains how global companies like McCain, Renault, Essilor, and Danone got involved with this new economic model through their own social action groups, describes the ingenious new financial tools now funding social businesses, and sketches the legal and regulatory changes needed to jumpstart the next wave of socially driven innovations. And he invites young people, business and political leaders, and ordinary citizens to join the movement and help create the better world we all dream of.

The Bottom Billion

Author : Paul Collier
Publisher : Oxford University Press
Page : 224 pages
File Size : 48,9 Mb
Release : 2007-05-25
Category : Business & Economics
ISBN : 9780198042549

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The Bottom Billion by Paul Collier Pdf

In the universally acclaimed and award-winning The Bottom Billion, Paul Collier reveals that fifty failed states--home to the poorest one billion people on Earth--pose the central challenge of the developing world in the twenty-first century. The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today. "Set to become a classic. Crammed with statistical nuggets and common sense, his book should be compulsory reading." --The Economist "If Sachs seems too saintly and Easterly too cynical, then Collier is the authentic old Africa hand: he knows the terrain and has a keen ear.... If you've ever found yourself on one side or the other of those arguments--and who hasn't?--then you simply must read this book." --Niall Ferguson, The New York Times Book Review "Rich in both analysis and recommendations.... Read this book. You will learn much you do not know. It will also change the way you look at the tragedy of persistent poverty in a world of plenty." --Financial Times

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
Page : 675 pages
File Size : 50,7 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226318004

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Globalization and Poverty by Ann Harrison Pdf

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

The Economics of Being Poor

Author : Theodore William Schultz
Publisher : Wiley-Blackwell
Page : 340 pages
File Size : 54,6 Mb
Release : 1993
Category : Business & Economics
ISBN : 1557863202

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The Economics of Being Poor by Theodore William Schultz Pdf

"The Economics of Being Poor" is mainly devoted to the economics of acquiring skills and knowlede, to investment in the quality of the population and to the increasing economic importance of human capital - the quality of the work-force embodied in the health, education and skills, including the entrepreneurial skills of the workers themselves. The volume is divided into three parts: "Most People are Poor, Invsting in Skills and Knowledge, and Effects of Human Capital." "The Economics of Being Poor" represents a remarkable testament to perhaps the most elegant stylist in post-war economics.

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico

Author : M. Székely
Publisher : Springer
Page : 293 pages
File Size : 49,9 Mb
Release : 1998-09-21
Category : Business & Economics
ISBN : 9780230372610

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The Economics of Poverty, Inequality and Wealth Accumulation in Mexico by M. Székely Pdf

The aim of this book is to understand why despite a considerable increase in average income in Mexico during the 1984-1992 period of economic liberalization, the conditions of the poorest of the poor deteriorated and income inequality increased. To explain why some individuals were able to take advantage of the opportunities which the economy was generating, while others were prevented from doing so, the author suggests some methodology to extract additional information from poverty and inequality measures, and test the main theories of household saving behaviour.

The Economics of Inequality, Poverty, and Discrimination in the 21st Century

Author : Robert S. Rycroft
Publisher : Bloomsbury Publishing USA
Page : 633 pages
File Size : 49,7 Mb
Release : 2013-03-07
Category : Political Science
ISBN : 9780313396922

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The Economics of Inequality, Poverty, and Discrimination in the 21st Century by Robert S. Rycroft Pdf

Leading scholars examine the conflicting paradigms of affluence and destitution in the United States—as well as other free societies—and discuss the influence of education, race, and status on economic mobility. While recent catastrophic events in New Orleans and Haiti may have magnified issues of social inequity, leaders have debated over poverty and discrimination for decades. Are the poor disadvantaged by the institutions of society or by the choices they make? Through two insightful volumes, the author examines differing academic and political perspectives to help shed light on the causes of poverty and inequality; the role that gender, race, age, or sexual preference plays in determining opportunity; and the effectiveness of current social and economic policies in balancing the inequity among disparate groups. The Economics of Inequality, Poverty, and Discrimination in the 21st Century consists of 2 volumes containing 32 papers divided into 5 categories: measurement, inequality and mobility, institutions and choices, demographic groups and discrimination, and policy. The papers—written by economists, sociologists, philosophers and lawyers—deal with the extent of inequality in the United States and how it compares to other countries, and the newly emerging evidence on the relationship between inequality and mobility within a society.

The Oxford Handbook of the Economics of Poverty

Author : Philip N. Jefferson
Publisher : Oxford University Press on Demand
Page : 864 pages
File Size : 49,9 Mb
Release : 2012-11-29
Category : Business & Economics
ISBN : 9780195393781

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The Oxford Handbook of the Economics of Poverty by Philip N. Jefferson Pdf

This Handbook examines poverty measurement, anti-poverty policy and programs, and poverty theory from the perspective of economics. It is written in a highly accessible style that encourages critical thinking about poverty. What's known about the sources of poverty and its alleviation are summarized and conventional thinking about poverty is challenged.

Doing Good Better

Author : William MacAskill
Publisher : Guardian Faber Publishing
Page : 198 pages
File Size : 55,8 Mb
Release : 2015-08-04
Category : Philosophy
ISBN : 9781783350506

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Doing Good Better by William MacAskill Pdf

A radical reassessment of how we can most effectively help others by a rising star of philosophy and leading social entrepreneur. 'A surprising and often counterintuitive look at the best ways to make a difference . . . MacAskill is that rarest of beasts: a do-gooder who uses his head more than his heart.' SUNDAY TIMES Most of us want to make a difference. We donate to charity, buy Fairtrade coffee, or try to cut down on our carbon emissions. Rarely do we know if we're really helping, and despite our best intentions, our actions can have ineffective - and sometimes downright harmful - outcomes. Confronting this problem, William MacAskill developed the concept of effective altruism, a practical, data-driven approach which shows that each of us has the power to do an astonishing amount of good, given the right information. His conclusions are often surprising; by examining the charities we give to, the goods we buy and the careers we pursue, Doing Good Better is a fascinating and original guide which shows how, through simple actions, you can improve thousands of lives - including your own. 'A data nerd after my own heart.' BILL GATES 'Required reading for anyone interested in making the world better.' STEVEN LEVITT, co-author of Freakonomics 'Effective altruism - efforts that actually help people rather than making you feel good or helping you show off - is one of the great new ideas of the 21st century. Doing Good Better is the definitive guide to this exciting new movement.' STEVEN PINKER, author of The Better Angels of Our Nature