(Poor EconomicsA Radical Rethinking of the Way to Fight Global Poverty) PDF/EBOOK ✓ Abhijit V. Banerjee

  • Hardcover
  • 320
  • Poor EconomicsA Radical Rethinking of the Way to Fight Global Poverty
  • Abhijit V. Banerjee
  • English
  • 27 August 2019
  • 9781586487980

Abhijit V. Banerjee ½ 5 Read

Read & Download Poor EconomicsA Radical Rethinking of the Way to Fight Global Poverty Download Ù PDF, eBook or Kindle ePUB free ½ Abhijit V. Banerjee Abhijit V. Banerjee ½ 5 Read Mized 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 live. This is one of the best pop economics books I have read in a very long time Such books typically follow the same recipe top academic seeks recognition outside the profession and writes the book propounding the theory enlisting in support loads of evidence consistent with the theory and curiously brushing offforgetting to mention most of any evidence even vaguely incompatible with the main argument of the book The book tends to go on forever repeating the same score in all possible tonalities and in spite of most attempt to either humour or literary effects is generally rather boring to read Length seems to be necessary to establish the authors credential with the layman This book is very different Duflo and Banerjee do not try and shovel down the readers troats the ultimate theory of poverty They present the evidence explain how to think about it and show where a remedy works and where the same approach to the same problem fails miserably But in all this they suggest to the reader how to go about thinking of poverty of its causes and of its conseuences and how to approach the evaluation of policies to alleviate it Yes the double handed economists approach will be unsatisfactory for anyone looking for the silver bullet but as we all know in most situation in life silver bullets do not exist and ther is no one universal solution to problems that have plagued us for centuriesAbove all this book is interesting and engaging a very good read recommended to anyone with even a passing interest in poverty Peeping Toms 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 live. This is one of the best pop economics books I have read in a very long time Such books typically follow the same recipe top academic seeks recognition outside the profession and writes the book propounding the theory enlisting in support loads of evidence consistent with the theory and curiously brushing offforgetting to mention most of any evidence even vaguely incompatible with the main argument of the book The book tends to go on forever repeating the same score in all possible tonalities and in spite of most attempt to either humour or literary effects is generally rather boring to read Length seems to be necessary to establish the authors credential with the layman This book is very different Duflo and Banerjee do not try and shovel down the readers troats the ultimate theory of poverty They present the evidence explain how to think about it and show where a remedy works and where the same approach to the same problem fails miserably But in all this they suggest to the reader how to go about thinking of poverty of its causes and of its conseuences and how to approach the evaluation of policies to alleviate it Yes the double handed economists approach will be unsatisfactory for anyone looking for the silver bullet but as we all know in most situation in life silver bullets do not exist and ther is no one universal solution to problems that have plagued us for centuriesAbove all this book is interesting and engaging a very good read recommended to anyone with even a passing interest in poverty

Read & Download Poor EconomicsA Radical Rethinking of the Way to Fight Global PovertyPoor EconomicsA Radical Rethinking of the Way to Fight Global Poverty

Read & Download Poor EconomicsA Radical Rethinking of the Way to Fight Global Poverty Download Ù PDF, eBook or Kindle ePUB free ½ Abhijit V. Banerjee Abhijit V. Banerjee ½ 5 Read Winner of the 2011 Financial TimesGoldman Sachs Best Business Book of the Year AwardBillions 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 worstAbhijit Banerjee and Esther Duflo have pioneered the use of rando. Poor Economics doesn t simply offer a unilateral view of how to fight global poverty rather this book offers views from both sides of the foreign aid debate ie Sachs v Easterly and provides examples of different organizations that have dealt with attacking poverty on both small and large scales There are five key takeaways from Poor Economics with regard to any localized campaigns attempting to improve the lives of the poor1 Individualscommunities inherently believe that outside organizationscompanies claiming to help their economichealth statuses do not make true claims Info campaigns must educate the poor on critical factsinformation and this information must come from a legitimate reliable source ie the press AND must be attractive eg presented in a TV drama 2 The poor bear responsibility for mostall aspects of their lives Unlike individuals in the First World or people in the middle and upper classes the poor do not have direct access to proper banking or credit institutions government aid etc Certain institutionalInstitutional changes must be made to give the poor better access to these resources eg ease access to banks or offer savings accounts as default options3 There are good and legitimate reasons that some markets are missing for the poor or face unfavorable prices in certain markets This provides the opportunity for technology or institutional organizations to develop a market such as the case for microcredit lending Local and national governments need to create conditions to allow such markets to emerge of course4 It should not be assumed that poor countries are destined to fail because they are or have been poor or that it s because of a long running history with failure The failure can be solved through an overhaul of public policy greater monitoring of workers and politicians and greater education involvement of the people themselves within this public sphere5 Expectations matter If we expect people to fail then they will fail based on the low expectations expected of them and conseuently low expectations they expect for themselves In order to create changes in the lives of the poor expectations must be changed

Download Ù PDF, eBook or Kindle ePUB free ½ Abhijit V. Banerjee

Read & Download Poor EconomicsA Radical Rethinking of the Way to Fight Global Poverty Download Ù PDF, eBook or Kindle ePUB free ½ Abhijit V. Banerjee Abhijit V. Banerjee ½ 5 Read S Their work defies certain presumptions that microfinance is a cure all that schooling euals learning that poverty at the level of 99 cents a day is just a extreme version of the experience any of us have when our income falls uncomfortably lowThis important book illuminates how the poor live and offers all of us an opportunity to think of a world beyond povertyLearn at wwwpooreconomicscom. Disappointing I was very eager to read about rigorous studies that determine what works for fighting poverty But the authors somehow kept getting off track from this desperately important concept I still think the work of the Poverty Action Lab is very interesting but this is just not an exciting book about a radical rethinking of the way to fight global povertyThe big five lessons from the authors are1 The poor lack information so tell them the truth artfully2 The poor lack control and day to day life is difficult for them so make good behaviors as easy as possible3 The poor get poorer free market institutions like banks don t work well for people with no money so make necessary things and opportunities cheap or free4 Poor countries are not doomed so do things that are proven to work5 Expectations can be self fulfilling so start positive feedback loopsThis doesn t sound new to me This sounds like basic public health The book delivers some valuable information about very specific uestions like whether it s effective to give away bed nets to prevent malaria The answer is yes But even this message is muddled with much back and forth about political theory and academic hedging Much of the book is about economic theories and debates between the left and right A lot of it is anecdotal Much of what is data based comes from their 18 country data set but all those 18 countries are poor This violates the basic logic of epidemiological studies or randomized trials RCTs ie a 2X2 table with input and outcome None of these countries has the relevant outcome of Rich It is hard to learn from a data set like this what makes countries Rich vs Poor For that it is much worthwhile to read the works of Ha Joon Chang who writes about how South Korea went from starving mess to high tech powerhouse The phrase purchasing power parity is repeated every time a dollar amount is converted from another currency This is insanely irritating That sort of thing can be said once at the beginning of the book Such a high degree of precision in language is unnecessary or even misleading because often these dollar amounts are referring to GIGO calculations