William Easterly is a professor of economics whose work critically examines the determinants of long-run economic growth, the political economy of development, and the effectiveness of foreign aid. His research probes the often-unintended consequences of Western aid efforts, questioning their true impact and highlighting why attempts to improve conditions in the developing world can fall short. Drawing on extensive experience in developing regions and his tenure at the World Bank, Easterly offers a nuanced perspective on the complexities of global development. His analyses aim to uncover the realities behind development strategies and their practical outcomes.
An economist describes how tactics to fight global poverty have actually resulted in suppressing the rights of the poor and argues for a new model of development in third world countries that will address unchecked state power and retain individual freedoms. 40,000 first printing.
Argues that western foreign aid efforts have done little to stem global poverty, citing how such organizations as the International Monetary Fund and the World Bank are not held accountable for ineffective practices that the author believes intrude into the inner workings of other countries. By the author of The Elusive Quest for Growth. Reprint. 50,000 first printing.
Why economists' attempts to help poorer countries improve their economic well- being have failed.