The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It by Paul Collier |
Prosperity and Violence: The Political Economy of Development by R Bates |
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"Nick Stern is a master of development theory and practice. Together with Jean-Jacques Dethier and F. Halsey Rogers, he gives us in this volume the fruits of his experience and wisdom, proposing a growth strategy based on creating the right climate for investment and on empowering people. And then he tells us who needs to do what and when--mostly very soon--to implement the strategy and thereby accelerate development" --Stanley Fischer, Vice Chairman, Citigroup
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Despite significant gains in promoting growth and living conditions or "human progress" worldwide over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stem, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics - in academia, in the field, and at international institutions such as the World Bank - the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today - after 50 years of development successes and failures, and with a growing body of analytical work to draw on - to pursue new development strategies in both research and action.
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First Sentence
Development is about people changing their lives for the better; it is about expanding their ability to make choices about the things that matter to them. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index
Development is about people changing their lives for the better; it is about expanding their ability to make choices about the things that matter to them. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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