The Cost of Inaction

Marques Nadejda Fuje Habtamu Desmond Chris Anand Sudhir

ISBN 10: 0674065581 / ISBN 13: 9780674065581

Published by Harvard University Press, 2012

pp. 348 Illus. Seller Inventory # 96413035

Synopsis:

This book is motivated by the idea that the cost of inaction can be much greater than the cost of action. Inaction can lead to serious negative consequences―for individuals, the economy, and society. The consequences of a failure to reduce extreme poverty, for example, typically include malnutrition, preventable morbidity, premature mortality, incomplete basic education, and other human and social development costs. In this volume, the authors seek to clarify exactly what is meant by “cost of inaction.” They develop a methodology to account for the consequences and estimate the costs of a failure to respond to the needs of children and their families. Their conceptual framework emphasizes the need to select appropriate actions against which inaction is evaluated. The authors present the results of applying the cost of inaction (COI) approach to six case studies from Rwanda and Angola. The case studies highlight important differences between the COI approach and benefit-cost analysis as it is traditionally implemented.

About the Authors: Sudhir Anand is Professor of Economics at the University of Oxford and Senior Fellow at St. Catherine's College, Oxford.

Chris Desmond is Research Associate at the François-Xavier Bagnoud (FXB) Center for Health and Human Rights at Harvard University.

Habtamu Fuje is Research Coordinator at the FXB Center for Health and Human Rights, Harvard University.

Nadejda Marques is Research Coordinator at the FXB Center for Health and Human Rights, Harvard University.

Amartya Sen is Lamont University Professor at Harvard University.

Bibliographic Details

Title: The Cost of Inaction
Publisher: Harvard University Press
Publication Date: 2012
Binding: Soft cover
Condition: New