Poor Economics
A Radical Rethinking of the Way to Fight Global Poverty
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Poor Economics
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Lu par :
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Brian Holsopple
À propos de cette écoute
Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world’s poor. But much of their work is based on assumptions that are untested generalizations at best, harmful misperceptions at worst.
Abhijit Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab, is being carried out in dozens of countries. Drawing on this and their 15 years of research from Chile to India, Kenya to Indonesia, they have identified wholly new aspects of the behavior of poor people, their needs, and the way that aid or financial investment can affect their lives. Their work defies certain presumptions: that microfinance is a cure-all, that schooling equals learning, that poverty at the level of 99 cents a day is just a more extreme version of the experience any of us have when our income falls uncomfortably low.
This important book illuminates how the poor live, and offers all of us an opportunity to think of a world beyond poverty.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
©2011 Abhijit V. Banerjee and Esther Duflo. (P)2011 HighBridge Company
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Ce que les auditeurs disent de Poor Economics
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Global5 out of 5 stars
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Interprétation5 out of 5 stars
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Histoire5 out of 5 stars
- ChestBrother
- 09/01/2025
A non-ideological overview of experiments in development economics
Banerjee & Duflo tell it like it is: developing economies and reducing poverty cannot be reduced to simple explanations. Global poverty will not be eliminated by magical technological solutions, simple institutional changes, radical class warfare, or generous NGOs that do no monitoring. Instead, we can learn from the interventions we've tried to build an understanding step-by-step of what works and what doesn't.
Sometimes government regulation gets in the way (too stringent compliance on bank accounts), and sometimes there's not enough government involvement (lack of piped water infrastructure). Sometimes the poor don't have enough calories to work (as the man in Indonesia claims), and sometimes it's a lack of micronutrients (the need for iodine and iron enriched staple crops). This book is filled with such examples.
There is no trade-off between compassion and realism: if we ever want to make people's lives better, we need to dig into the details. We need to repeat what works (even if it's complicated), and stop what doesn't (even if it sounds good on paper).
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