Abhijit Vinayak Banerjee's Books

Making Aid Work

By: Abhijit Vinayak Banerjee

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An encouraging account of the potential of foreign aid to reduce poverty and a challenge to all aid organizations to think harder about how they spend their money. With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing. In Making Aid Work, Abhijit Banerjee—an "aid optimist"—argues that aid has much to contribute, but the lack of analysis about which programs really work causes considerable waste and inefficiency, which in turn fuels unwarranted pessimism about the role of aid in fostering economic development. Banerjee challenges aid donors to do better. Building on the model used to evaluate new drugs before they come on the market, he argues that donors should assess programs with field experiments using randomized trials. In fact, he writes, given the number of such experiments already undertaken, current levels of development assistance could focus entirely on programs with proven records of success in experimental conditions. Responding to his challenge, leaders in the field—including Nicholas Stern, Raymond Offenheiser, Alice Amsden, Ruth Levine, Angus Deaton, and others—question whether randomized trials are the most appropriate way to evaluate success for all programs. They raise broader questions as well, about the importance of aid for economic development and about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. With one in every six people now living in extreme poverty, getting it right is crucial.

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MIT Press

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ISBN 10

0262260395

ISBN 13

9780262260398

Making Aid Work

By: Abhijit Vinayak Banerjee

Write a review Read reviews Take a Quiz Solve Book Puzzle

Making Aid Work

By: Abhijit Vinayak Banerjee

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Publisher

MIT Press

Published Date

ISBN 10

0262260395

ISBN 13

9780262260398

Good Economics for Hard Times

By: Abhijit V. Banerjee,Esther Duflo

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Good Economics for Hard Times

By: Abhijit V. Banerjee,Esther Duflo

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

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398

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PublicAffairs

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ISBN 10

1541762878

ISBN 13

9781541762879

Poor Economics

A Radical Rethinking of the Way to Fight Global Poverty

By: Abhijit V. Banerjee,Esther Duflo

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Poor Economics

A Radical Rethinking of the Way to Fight Global Poverty

By: Abhijit V. Banerjee,Esther Duflo

The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

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321

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PublicAffairs

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1610391608

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9781610391603

Book's by Abhijit Vinayak Banerjee

Making Aid Work

Making Aid Work

Making Aid Work

Making Aid Work

Good Economics for Hard Times

Good Economics for Hard Times

Poor Economics

Poor Economics

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