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Item Details
Title: GROWTH AND EMPOWERMENT
MAKING DEVELOPMENT HAPPEN
By: Nicholas Stern, F. Halsey Rogers, Jean-Jacques Dethier
Format: Paperback

List price: £7.99
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ISBN 10: 0262693461
ISBN 13: 9780262693462
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Publisher: MIT PRESS LTD
Pub. date: 11 August, 2006
Series: Munich Lectures in Economics
Pages: 488
Description: The former Chief Economist at the World Bank proposes a strategy for development based on two interrelated approaches: building an investment climate that encourages growth and empowering poor people to participate in that growth.
Synopsis: 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.
Illustrations: 16 illus.
Publication: US
Imprint: MIT Press
Returns: Returnable
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