Items related to Poor Economics: A Radical Rethinking of the Way to...

Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty - Hardcover

Banerjee, Abhijit; Duflo, Esther

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9781586487980: Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
Hardcover
ISBN 10: 1586487981 ISBN 13: 9781586487980
Publisher: PublicAffairs, 2011

Synopsis

Winner of the 2011 Financial Times/Goldman Sachs Best Business Book of the Year Award

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.

Learn more at www.pooreconomics.com

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About the Author

Abhijit Vinayak Banerjee was educated in Kolkata, Delhi and Cambridge, MA. He is currently the Ford Foundation International Professor of Economics at MIT. He is the recipient of many honors and awards, including most recently the inaugural Infosys Prize in 2009, and has been an honorary advisor to many organizations including the World Bank and the Government of India.

Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT. She studied at the Ecole Normale Superieure in Paris, and at MIT. She is a recipient of several important awards, including a MacArthur "genius" award (2009) and the John Bates Clark medal awarded annually to the best American economist under forty (2010). In 2003, Banerjee and Duflo co-founded the Abdul Latif Jameel Poverty Action Lab (J-PAL), which they continue to direct.

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Publisher
PublicAffairs
Publication date
2011
Language
English
ISBN 10 
1586487981
ISBN 13 
9781586487980
Binding
Hardcover
Edition number
2
Number of pages
320
Rating
  • 4.27 out of 5 stars
    25,240 ratings by Goodreads