000			01818nam a22002417a 4500
005			20221228115223.0
008			221228b ||||| |||| 00| 0 eng d
020			_a026205065X
040			_cAL
041			_aEnglish
082			_223 _a338.9009 _bEASE
100			_aWilliam Easterly _967809
245			_aElusive Quest for Growth: Economists Adventures & Misadventures in the Tropics
260			_aCambridge _bMIT Press _c2002
300			_axii,342 p. _bPB _c22.2x15 cm.
520			_aSince 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 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.
650			_aDeveloping countries _967810
650			_aPoor _967811
650			_aPoverty _967812
650			_aEconomic policy _967813
700			_aEASTERLY (William) _967814
942			_2ddc _cDB
999			_c226097 _d226097