Poor economics a radical rethinking of the way to fight global poverty

This book offers a view of the lives of the world's poorest people, helping to explain why the poor tend to borrow in order to save, why they miss out on free life-saving immunizations but pay for drugs that they do not need, and the cointerintuitive challenges faced by those living on less than 99...

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Bibliographic Details
Main Authors: Banerjee, Abhijit V., 1961- (Author), Duflo, Esther, 1972- (Author)
Format: Books Print Book
Language:English
Published: New York : PublicAffairs, [2011]
Edition:First edition.
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100 1 |a Banerjee, Abhijit V.,  |d 1961-  |e author. 
245 1 0 |a Poor economics :  |b a radical rethinking of the way to fight global poverty /  |c Abhijit V. Banerjee and Esther Duflo. 
246 3 0 |a Radical rethinking of the way to fight global poverty 
250 |a First edition. 
264 1 |a New York :  |b PublicAffairs,  |c [2011] 
264 4 |c Ã2011 
300 |a xi, 303 pages :  |b illustrations, charts ;  |c 25 cm 
336 |a text  |b txt  |2 rdacontent 
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500 |a "Hardcover first published in 2011 in the United States by PublicAffairs(TM), a member of the Perseus Book Group. Paperback first published in 2012 by PublicAffairs."--title page verso. 
504 |a Includes bibliographical references (pages [277]-293) and index. 
505 0 0 |t Think again, again --  |g Part I: Private Lives:  |t A billion hungry people? --  |t Low-hanging fruit for better (global) health? --  |t Top of the class --  |t Pak Sudarno's big family --  |g Part II: Institutions:  |t Barefoot hedge-fund managers --  |t The men from Kabul and the eunuchs of India : the (not so) simple economics of lending to the poor --  |t Saving brick by brick --  |t Reluctant entrepreneurs --  |t Policies, politics --  |t In place of a sweeping conclusion. 
520 |a This book offers a view of the lives of the world's poorest people, helping to explain why the poor tend to borrow in order to save, why they miss out on free life-saving immunizations but pay for drugs that they do not need, and the cointerintuitive challenges faced by those living on less than 99 cents a day. Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world's poor. But much of the work they do is based on assumptions that are untested generalizations at best, flat out harmful misperceptions at worst. The authors have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab at MIT, is being carried out in dozens of countries. Their work transforms 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. Throughout, the authors emphasize that life for the poor is simply not like life for everyone else: it is a much more perilous adventure, denied many of the cushions and advantages that are routinely provided to the more affluent. 
586 |a Financial Times/Goldman Sachs Business Book of the Year. 
586 |a Economist Best Book of the Year. 
650 0 |a Economic assistance  |z Developing countries. 
650 0 |a Poverty  |x Prevention. 
700 1 |a Duflo, Esther,  |d 1972-  |e author. 
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