The Elusive Quest for Growth
By: William Easterly
Category: Non Fiction General
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Publisher: Mit
Released Date: 2002
ISBN: 026205065X
Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. (
Author: William Easterly
Publisher: Mit
Released Date: 2002
ISBN: 026205065X
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