The Elusive Quest for Growth

Posted on 05 May 2018 by William Easterly

Why economists attempts to help poorer countries improve their economic well being have failed.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 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. Download The Elusive Quest for Growth – kino-fada.fr , ,, , 1 , 12 2 2.7 , ,, , 1 , 12 2 2.7 , 50 12 50 , , , , , ,, , ,Recently went back and re read this book As other reviewers mentioned, I am curious to see what Easterly would say of thisoptimistic earlier work, but regardless this text is an excellent, accessible history of economic development in the 20th century Easterly explains the progression of economic thought and the fate of the latest and greatest foreign aid ideas spurred by ever changing growth theories.Contrary to some of the spurious one line reviews below, this book is definitely not Recently went back and re read this book As other reviewers mentioned, I am curious to see what Easterly would say of thisoptimistic earlier work, but regardless this text is an excellent, accessible history of economic development in the 20th century Easterly explains the progression of economic thought and the fate of the latest and greatest foreign aid ideas spurred by ever changing growth theories.Contrary to some of the spurious one line reviews below, this book is definitely not the work of a laissez faire ideologue Easterly is, however, quite criti...William Easterly may have still been a little idealistic when he wrote his first major book While his cases are interesting, his general thesis remains that altogether the World Bank and IMF aren t so bad, they just mess up a little After the publication of his latest manuscript White Man s Burden , it s funny to think what Mr Easterly would say today That said, his book is a good introduction to international economic aid development aid from the perspective of an Economics wonk Given William Easterly may have still been a littl...This is an outstanding book If you are interested in economics, or how the world works you should read this An outstanding discussion about how first world foreign aid to developing nations just doesn t help Outstanding writing, and easy to read, comprehend After you have read it, it is worth reading a book by Jeffery Sachs Ending Poverty in our Time The contrast between the two authors and their approaches is well worth understanding Since both are decent writers the concepts they expre This is an outstanding book If you are inter...cu n s ch c 14 ch ng m ch ng cu i l ch ng k t lu n, c xong 12 ch ng tr nh nh cho 4 sao th th y h i qu , nh ng c t i ch ng 13 th ko cho 5 sao h i ph Kh ng ng ph n cu i l i p d ng game theory m t c ch r t t i t nh v o ph n t ch v sao c c ch nh s ch th c y t ng tr ng l i kh ng c p d ng d cho ai c ng bi t, c bi t l gi i quan ch c tham nh ng b c l t, , l t ng tr ng em l i l i ch cho t t c m i ng i t trong k l t ng l ng i ta c ki n th c bi t ch nh s cu n s ch c 14 ch ng m ch ng cu i l ch ng k t lu n, c xong 12 ch ng tr nh nh cho 4 sao th th y h i qu , nh ng c t i ch ng 13 th ko cho 5 sao h i ph Kh ng ng ph n cu i l i p d ng game theory m t c ch r t t i t nh v o ph n t ch v sao c c ch nh s c...This is the first book I read from W Easterly and I am really satisifed with the level of detail and his approach Caution it is not a light read due to the plentitude of information and facts that are stored inside thus somewhere in the middle I needed a rest, thus taking anothr book.Easterly has worked for the World Bank as an economist and senior adviser at the Macroeconomics and Growth Division As such he has experience from the kitchen that allows him to summarize what has been done This is the first book I read from W Easterly and I am really satisifed with the level of detail and his approach Caution it is not a light read due to the plentitude of information and facts that are stored inside thus somewhere in the middle I needed a rest, thus taking anothr book.Easterly has worked for the World Bank as an economist and senior adviser at the Macroeconomics and Growth Division As such he has experience from the kitchen that allows him to summarize what has been done in the past years by the big world economies for the problems of the financially hindered countries He shows why even though there is vast amount of cash that is poured ...Easterly isconcerned with witticisms than he is in a full fledged analysis of the principles of growth All of his wisdom for growth comes straight from the neo liberal playbook except for a few situations in which government can step in to pick up the slack where social benefits will be greater than the benefits won by entrepreneurs, as in the case of technological innovati...Muy buen libro sobre la historia del desarrollo econ mico en este siglo y las recetas fallidas para replicar.The book presents plenty of interesting concepts related to development economics and complement them with great historical examples It does seem a bit unstructured by shifting between theory, historical examples, empirical evidence and unrelated personal stories from poor countries Put the mind to work, but doesn t change ones perspective of development economics significantly.In the 1950 s where the first African countries got independence Ghana 1957 , the most supported growt theory was th The book presents plenty of interesting concepts related to development economics and complement them with great historical examples It does seem a bit unstructured by shifting between theory, historical examples, empirical evidence and unrelated personal stories from poor countries Put the mind to work, but doesn t change ones perspective of development economics significantly.In...In The Elusive Quest for Growth Economists Adventures and Misadventures in the Tropics William Easterly, a researcher at the World Bank, offers a thoughtful and at times scathing account of development economics endeavor to foster economic growth in the world s poorest countries in the post war era The book is divided into three parts First, Easterly makes the case for economic growth as the primary vehicle through which the poor can be lifted out of poverty Second, he critically reviews t In The Elusive Quest for Growth Economists Adventures and Misadventures in the Tropics William Easterly, a researcher at the World Bank, offers a thoughtful and at times scathing account of development economics endeavor to foster economic growth in the world s poorest countries in the post war era The book i...

English
05 May 2018

William Easterly