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Growth and empowerment :making development happen

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Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains plagued by poverty and its attendant problems, including high rates of child mortality, illiteracy, environmental degradation, and war. In Growth and Empowerment, Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers propose a new strategy for development. Drawing on many years of work in development economics--in academia, in the field, and at international institutions such as the World Bank--the authors base their strategy on two interrelated approaches: building a climate that encourages investment and growth and at the same time empowering poor people to participate in that growth. This plan differs from other models for development, including the dogmatic approach of market fundamentalism popular in the 1980s and 1990s. Stern, Dethier, and Rogers see economic development as a dynamic process of continuous change in which entrepreneurship, innovation, flexibility, and mobility are crucial components and the idea of empowerment, as both a goal and a driver of development, is central. The book points to the unique opportunity today--after 50 years of successes and failures, and with a growing body of analytical work to draw on--to pursue new development strategies in both research and action.OCLC-licensed vendor bibliographic record.

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Detail Information

Series Title

Munich Lectures in Economics

Call Number

-

Publisher

Cambridge, Mass. : : MIT Press,., 2005

Collation

1 online resource (xxxiv, 463 pages) : illustrations.

Language

English

ISBN/ISSN

9780262284349

Classification

NONE

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

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Subject(s)

Economic development.
Economic policy.

Specific Detail Info

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Statement of Responsibility

Nicholas Stern, Jean-Jacques Dethier, and F. Halsey Rogers.

Other Information

Cataloger

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Source

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Validator

maya

Digital Object Identifier (DOI)

https://doi.org/10.7551/mitpress/3377.001.0001

Journal Volume

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Journal Issue

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Subtitle

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Parallel Title

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