Poor economics - Dufol, Banerjee : http://pooreconomics.com/
Easily readable and engaging book. It is the result of many years of studies in developing countries using standard econometric methods as well as modern techniques (in economics) such as randomized control experiments. The authors did an excellent job explaining why aid is not as simple as it looks; for example in some cases aid might even be harmful. Their main point is that we shouldn't label all aid as bad or all aid as good. Those who want to help must observe and careful analyse each problem case by case.
Development as Freedom - Amartya Sen
The author discusses fundamental concepts such as the use of "utility" method of ranking preferences and proposes an alternative method based on different kinds of "freedoms". It is also not as an easy reading as Poor Economics; a few concepts are hard to understand if you haven't had some university level economics education. It is a mostly theoretical book, discussing the main concepts of development economics one has to know before he embarks on any applications. Sen writes his thoughts on how to improve the lives of people in the developing world. Among others, he discusses the role of markets, governments, democracy, women's role in society, culture, human rights and Social Choice.
Easily readable and engaging book. It is the result of many years of studies in developing countries using standard econometric methods as well as modern techniques (in economics) such as randomized control experiments. The authors did an excellent job explaining why aid is not as simple as it looks; for example in some cases aid might even be harmful. Their main point is that we shouldn't label all aid as bad or all aid as good. Those who want to help must observe and careful analyse each problem case by case.
Development as Freedom - Amartya Sen
The author discusses fundamental concepts such as the use of "utility" method of ranking preferences and proposes an alternative method based on different kinds of "freedoms". It is also not as an easy reading as Poor Economics; a few concepts are hard to understand if you haven't had some university level economics education. It is a mostly theoretical book, discussing the main concepts of development economics one has to know before he embarks on any applications. Sen writes his thoughts on how to improve the lives of people in the developing world. Among others, he discusses the role of markets, governments, democracy, women's role in society, culture, human rights and Social Choice.
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