The Elusive Quest for Growth. Economists Adventures and Misadventure in the Tropics (Broschiert)
von William Easterly


 
Synopsis:
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.

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Siehe auch folgende Artikel:
Introduction to Economic Growth von Charles I. Jones
The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good von William Easterly
The End of Poverty. How We Can Make it Happen in Our Lifetime von Jeffrey D. Sachs
Development as Freedom von Amartya Sen
Mehr zu  Policy & Current Events,  Popular Economics,  Development & Growth,  Economic Policy & Development,  Theory,  Business & Investing
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