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Poor economics : rethinking poverty & the ways to end it

By: Contributor(s): Material type: TextTextPublication details: Haryana : Vintage Books, ©2011.Description: xv, 442 p. : 23 cmISBN:
  • 9788184002805
Subject(s): DDC classification:
  • 339.4609 22 BAN-P
LOC classification:
  • HC59.7 .B323 2011
Summary: "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. Banerjee and Duflo 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"--
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Holdings
Item type Current library Collection Call number Status Notes Date due Barcode Item holds
Books Books IIITD General Stacks Economics 339.4609 BAN-P (Browse shelf(Opens below)) Available Nobel Laureate 008119
Total holds: 0

Includes bibliographical references and index.

"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. Banerjee and Duflo 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"--

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