In This Review
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty

Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty

By Abhijit Banerjee and Esther Duflo

PublicAffairs, 2011, 320 pp.
More Than Good Intentions: How a New Economics Is Helping to Solve Global Poverty

More Than Good Intentions: How a New Economics Is Helping to Solve Global Poverty

By Dean Karlan and Jacob Appel

Dutton Adult, 2011, 320 pp.
Portfolios of the Poor: How the World's Poor Live on $2 a Day

Portfolios of the Poor: How the World's Poor Live on $2 a Day

By Daryl Collins, Jonathan Morduch, Stuart Rutherford, and Orla

Princeton University Press, 2010, 312 pp.

Why are some countries rich and others poor? Differing accounts put more or less weight on the role of policies, geography, culture, history, and international interventions. Only by answering this question can one decide how best to reduce poverty in low-income countries. Yet few debates about public policy are more contentious. More than half a century of intensive efforts to improve the lot of the poor in the developing world has had mixed success. Although some countries, such as China, have made enormous progress in reducing poverty, many others have languished. Today, most estimates suggest that more than one billion

This article is part of our premium archives.

To continue reading and get full access to our entire archive, you must subscribe.

Subscribe
  • TIMOTHY BESLEY is Kuwait Professor of Economics and Political Science at the London School of Economics.
  • More By Timothy Besley