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Why Growth Matters : How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries

Regular price ₱662.40
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The Power of Economic Growth: Lessons for Developing Countries

Recommendation: - This book provides a powerful argument for the importance of economic growth in reducing poverty. It challenges traditional approaches and emphasizes the role of liberal state policies and market forces. If you're interested in understanding how economic growth can make a significant impact on poverty reduction, this book is a must-read. It offers valuable lessons for not only India but also other developing countries across the globe.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Why Growth Matters : How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries

Regular price ₱662.40
Unit price
per
ISBN: 9781610393737
Publisher: PublicAffairs
Date of Publication: 2014-04-08
Format: Paperback
Related Collections: Economics, Politics
Related Topics: Finance
Goodreads rating: 3.77
(rated by 469 readers)

Description

In its history since Independence, India has seen widely different economic from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral lifting a great number of extremely poor people out of poverty?Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.
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The Power of Economic Growth: Lessons for Developing Countries

Recommendation: - This book provides a powerful argument for the importance of economic growth in reducing poverty. It challenges traditional approaches and emphasizes the role of liberal state policies and market forces. If you're interested in understanding how economic growth can make a significant impact on poverty reduction, this book is a must-read. It offers valuable lessons for not only India but also other developing countries across the globe.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.