Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is  possible under the right conditions. These include a certain amount of  thrift and enterprise among the people, social mores and traditions  which sustain them, and a firm but limited government which permits  market forces to work. Challenging many views about development that are  widely held, Bauer takes on squarely the notion that egalitarianism is  an appropriate goal. He goes on to argue that the population explosion  of less-developed countries has on the whole been a voluntary phenomenon  and that each new generation has lived better than its forebears. He  also critically examines the notion that the policies and practices of  Western nations have been responsible for third world poverty. In a  major chapter, he reviews the rationalizations for foreign aid and finds  them weak; while in another he shows that powerful political clienteles  have developed in the Western nations supporting the foreign aid  process and probably benefiting more from it than the alleged  recipients. Another chapter explores the link between the issue of  Special Drawing Rights by the International Monetary Fund on the one  hand and the aid process on the other.Throughout the book, Bauer  carefully examines the evidence and the light it throws on the  propositions of development. Although the results of his analysis  contradict the conventional wisdom of development economics, anyone who  is seriously concerned with the subject must take them into account.Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.

Equality, the Third World and Economic Delusion

Business & Money

Bauer. P. T.

Economics

Harvard U.P.

Rebellious Century, 1830-1930

tilly-charles-louise

The Structure of Marine Ecosystems

The structure of marine ecosystems

Steele, John H.

The Danish System of Labor Relations: A Study in Industrial Peace (Wertheim Publications in Industrial Relations)

Politics & Social Sciences

Walter Galenson

Politics & Government

See the best price to sell, buy or rent books by the Harvard U.P. publisher. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Harvard U.P.