En busca del crecimiento. Front Cover. William Easterly En busca del crecimiento: andanzas y tribulaciones de los economistas del William Easterly. William Easterly. · Rating details · 1, ratings · 67 reviews. Why economists’ attempts to help poorer countries improve their economic well-being have. The Paperback of the En Busca Del Crecimiento by William Easterly at Barnes & Noble. FREE Shipping on $ or more!.
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Quite a few times the book presents original research that has never been published or replicated, which I am biased against.
Easterly’s chapters on traps, complements and matches were really interesting, as were his discussion of corruption, polarized societies and robust institutions. First taking the reader through all the ways eaasterly development attempts failed at an incredible cost both in dollars and lost decades of growth for the poor, Easterly then identifies six stories of how people respond to incentives and how working around or integrating these strategies can at least prevent lost growth, if not directly stimulate gro Easterly’s work is a thorough and engaging account of failed attempts to develop around the world and remains approachable for the non-economist.
The neo-Luddites, with unintentional irony, denigrate the only way that workers’ incomes can keep increasing in the long-run: Insufficient diffusion of knowledge and skills mismatches; resistance against technical change; luck; bad economic policies; corruption; ethnocultural polarization.
The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. First taking the reader through all the ways economists development attempts failed at an incredible cost sel in dollars and lost decades of growth for the poor, Easterly then identifies six stories of how people respond to incentives and how working around or integrating these strategies can at least prevent lost growth, if not directly stimulate growth.
Even more than that, it explained it in such a way that it was easy to make your own conclusions when applying it eastelry other scenarios.
The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics
Easterly presents a few ideas here, but one chapter that I found particularly illuminating was the last one on homogenous vs heterogenous societies.
Solow’s logic had made clear that labor-saving technical advance was the only way that output per worker could keep increasing in the long run.
So, there was plenty for me to learn and little to fall back on when I evaluate his claims. Aug 27, Jonathan rated it really liked it Shelves: The opposite situation of minority elites in power may be why easter,y Roman Empire, Ming Dynasty, the Mughal Empire or the Ancient Egyptiants did not start the industrialization. There are no discussion topics on this book yet. All of the incentives of a market economy point toward increasing investment and output rather than decreasing employment; otherwise some extremely dumb factory owners are foregoing profit opportunities.
: William Easterly: Books
Easterly also points out that predictions of GDP growth are terrible. I was reluctant to read evidence against hu I’ve gotten through the chapters on failed growth panaceas. Apr 16, Michalyn rated it it was amazing Recommends it for: This is about development and economics on a macro level, esaterly I’ve been involved and more concerned at the micro level.
Not being an economist, nor having background in economics, I feel that Easterly did a great job of taking difficult concepts to non-economists and breaking them down to understandable ideas. Illuminating points about the politics of the aid disbursement process and how amount of loan disbursement, rather than effectiveness of the loans, is used to reward World Bjsca employees. An outstanding discussion about how first world creciminto aid to developing nations just doesn’t help.
Easterly’s Bksca Elusive Quest for Growth is something akin to a starting point for the whole s popular development literature. Jun 15, Camille rated it liked it Shelves: The critique is made even more poignant because Easterly still sincerely believes that economic growth in the Third World ca Unquestionably the best book I’ve read all year.
People respond to incentives. Put the mind to work, but doesn’t change ones perspective of development economics significantly. Even crceimiento an academic, Easterly is a poor writer, but shining through his wooden prose is a genuine concern for people in developing countries.
Certainly not the latter, but neither the former. Perhaps what is most exciting though, is his demonstration that ideas can have real consequences, for good or ill, and that thoughtful change can be a real force for good in the world. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Easterly’s work is a thorough and engaging account of failed attempts to develop around the world and remains approachable for crecjmiento non-economist.
He also attacks many of the simple solutions proposed by development economists bsca end Third World poverty.
En Busca del Crecimiento
Jul 10, Hayley Smith-Kirkham rated it it was ok Shelves: Lists with This Book. Contrary to some of the spurious one-line reviews below, this book is definitely not the work of a laissez-faire ideologue.
It draws many of the same conclusions. The book is good for those that want to get another point of view of some of the worlds problems and consider why some seemingly easy solutions has negative impact on the whole system. This book, as do most books by professional economists, hide the nature of capital and the dynamics of power involved in capital.
The critique is made even more poignant because Easterly still sincerely believes that economic growth in the Third World can change lives for the better he peppers the book with “intermezzos,” short vignettes of poverty and struggle in poor countriesand he still believes the First World has a duty to help.
Written in an accessible, at times irreverent, style, Easterly’s book combines modern growth theory with anecdotes from his fieldwork for the World Bank. Easterly would say today.
Easterly doesn’t tout some magical solution to the problems, but guides you along the journey that has been taken a It’s one of those books that really makes you think.