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Poor Economics: A Radical Rethinking Of The Way To Fight Global Poverty
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Book Overview
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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.
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Poor Economics: A Radical Rethinking Of The Way To Fight Global Poverty is 320 pages long.
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Book Reviews (11)
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Very insightful
Derived From Web , May 2, 2022
I found this book very eye opening, said Dr. Julie Gerberding, director of the federal Centers for Disease Control and Prevention. It's not just a lack of money, Taylor said. It's learning where it should be spent and how the poor think. I highly recommend this book to anyone.
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Recommended to buy:
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the book is really an addition to the current literature ...
Derived From Web , May 2, 2022
The book is an addition to the current literature on the subject as it provides a new angle from which to view the problem.
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Recommended to buy:
Yes
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ajay gupta
Derived From Web , May 2, 2022
What's more, the latter two cases show how effective certain marketing strategies can be. Professional marketers, consultants and others working in the private sector dealing with market segments across the strata of society.
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Recommended to buy:
Yes
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One of the best books I've read on this subject
Derived From Web , May 2, 2022
It is very insightful and filled with strong and clear evidence of wrongdoing.
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Recommended to buy:
Yes
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Easy to read, great info
Derived From Web , Sep 11, 2020
This is easy to comprehend. Even for people without a background in global poverty, it's clearly written and covers multiple issues. I think it's very good. The authors' fault is not why I didn't give it 5 stars. The idea of doing limited tests of different strategies before wide- scale implementation in order to know their efficacy has not been widely used before now. Billions of dollars and years of effort by many, many people has been poorly aimed and a complete waste of effort. I couldn't give the book 5 stars.
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Easy to read, great info
Derived From Web , Sep 11, 2020
This is very informative and easy to understand, Raymond said. It is clear that the book is written and covers diverse countries and multiple issues of poverty, even for people without a background in global poverty. It's great to have such a good product, recommend it to anyone. I didn't give it five stars because the authors had no direct interest and the book was written by a non-fiction writer. He added that the plan of doing limited tests of different strategies for poverty alleviation before wide-scale implementation had not been widely used. It means that billions of dollars and years of effort by many, many of whom have been poorly aimed, have been a complete waste of effort, Hollingworth said. I am so astounded to learn that I could not give the book five stars, Mary.
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Very​ good​ indeed.
Derived From Web , Aug 6, 2020
Plenty of real world cases and example s were provided in this book.
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Random Controlled Trials change the world of aid
Derived From Web , Sep 3, 2019
Great outline of who is who in macroeconomics, also gives us a feel of the direction we can go in lifting people out of poverty, he said. I would have organized the material within the chapters better - the findings, followed by how studies run, versus a pastiche of several studies jumping all over. Because it's a 4-star rating, it has to be upgraded. Material on this book is very good, if not great.
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Recommended to buy:
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Random Controlled Trials change the world of aid
Derived From Web , Sep 2, 2019
The research debunks many myths. The outline of who is who in macroeconomics gives us a sense of direction we can take in lifting people out of poverty. I would organize the material within the chapters better by starting with the findings, followed by how studies run, and then a pastiche of several studies jumping all over. That's the reason it's a 4. The material is great.
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A book for sheltered suburbanites
Derived From Web , Jul 30, 2019
The book is not useful if you' ve ever worked in the development sector. The statistics in this book point to basic conclusions that anyone working in this space would know. I was looking forward to the new insights. This book doesn't give anything. If you don't work in the development space and don't have any experience interacting with the poor, this might be an interesting book. It felt like reading the thoughts of a bunch of academics for someone like me, who has spent a few years working in development countries.
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Recommended to buy:
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