Over the 1980s and 1990s, most Latin American countries witnessed a retrenchment of the public sector away from infrastructure provision and an opening up of infrastructure activities to the private sector. This book analyzes the consequences of these policy changes from two perspectives. First, it reviews in a comparative framework the major trends in infrastructure provision in Latin America over the last two decades. Second, it evaluates the implication of these trends for economic grow...

A celebrated economist argues that economic development is not really development unless everyone has the right to consent to their own progress**“An innovative and exhilarating read.”—Angus Deaton, winner of the Nobel Prize in EconomicsA Financial Times Best Book of the Year**For centuries, the developed Western world has exploited the less-developed “Rest” in the name of progress, conquering the Americas, driving the Atlantic slave trade,...

**From one of the world’s best-known development economists—an excoriating attack on the tragic hubris of the West’s efforts to improve the lot of the so-called developing world."Brilliant at diagnosing the failings of Western intervention in the Third World." —BusinessWeek**In his previous book, The Elusive Quest for Growth, William Easterly criticized the utter ineffectiveness of Western organizations to mitigate global poverty, and he was promptly fired...

This book pulls together experts in the fields of economics and Russian culture, all participants in the Samuel P. Huntington Memorial Symposium on Culture, Cultural Change and Economic Development, a follow-up to the 1999 Cultural Values and Human Progress Symposium at Harvard University. As the sequel to the 2001 volume Culture Matters, it discusses modernization, democratization, economic, and political reforms in Russia and asserts that these reforms can happen through the reframing of...

In this "bracingly iconoclastic” book (New York Times Book Review), a renowned economics scholar breaks down the fight to end global poverty and the rights that poor individuals have had taken away for generations.In The Tyranny of Experts, renowned economist William Easterly examines our failing efforts to fight global poverty, and argues that the "expert approved" top-down approach to development has not only made little lasting progress, but ha...

A celebrated economist argues that economic development is not really development unless everyone has the right to consent to their own progressFor centuries, the developed Western world has exploited the less-developed “Rest” in the name of progress, conquering the Americas, driving the Atlantic slave trade, and colonizing Africa and Asia. Throughout, the West has justified this global conquest by the alleged material gains it brought to the conquered. But the col...

In this "bracingly iconoclastic” book (New York Times Book Review), a renowned economics scholar breaks down the fight to end global poverty and the rights that poor individuals have had taken away for generations.In The Tyranny of Experts, renowned economist William Easterly examines our failing efforts to fight global poverty, and argues that the "expert approved" top-down approach to development has not only made little lasting progress, but ha...

Commodities permeate virtually every aspect of modern daily living, but for all their importance -- their breadth, their depth, their intricacies, and their central role in daily life -- few people who are not economists or traders know how commodity markets work. Almost every day, newspaper headlines and media commentators scream warnings of impending doom -- shortages of arable land, clashes over water, and political conflict as global demand for fossil fuels outstrips supply. The pictur...

A “meticulously researched and comprehensive” (Financial Times) history of the devastating war in the heart of Africa’s CongoAt the heart of Africa is the Congo, a country the size of western Europe. It borders nine other nations, and since 1996 it has been racked by a brutal war in which millions have died. In Dancing in the Glory of Monsters, renowned political activist and researcher Jason K. Stearns has written a compelling and deeply reported...

The world is a better place than it used to be. People are wealthier and healthier, and live longer lives. Yet the escapes from destitution by so many have left gaping inequalities between people and between nations. In The Great Escape, Angus Deaton--one of the foremost experts on economic development and on poverty--tells the remarkable story of how, starting 250 years ago, some parts of the world began to experience sustained progress, opening up gaps and setting the stage for ...

A call-to-arms from Nobel Prize–winning economist and best-selling author Paul Krugman.The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain."How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how...

In the universally acclaimed and award-winning The Bottom Billion, Paul Collier reveals that fifty failed states--home to the poorest one billion people on Earth--pose the central challenge of the developing world in the twenty-first century. The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living ...