Growth And Empowerment

by Stern, Nicholas; Dethier, Jean-Jacques; Rogers, F. Halsey

• ISBN13: 9780262693462
• ISBN10: 0262693461
• Format: Paperback
• Copyright: 2006-09-01
• Publisher: Mit Pr

Summary

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.

Author Biography

Nicholas Stern is Head of the Government Economic Service and Second Permanent Secretary to the Treasury of the United Kingdom Jean-Jacques Dethier is Research Manager, Development Economics, at the World Bank and Adjunct Professor at Georgetown University F. Halsey Rogers is Senior Economist in the Development Research Group at the World Bank

Table of Contents

Series Foreword	vii
Preface	ix
Acknowledgments	xix
A Brief Guide to These Lectures	xxiii
Lecture I Experience	1	(124)
1 Living Standards and Poverty	3	(30)
2 Development as a Process of Change	33	(50)
3 Lessons of Development Policy	83	(26)
4 Lessons from Development Theory	109	(16)
Lecture II Strategy	125	(40)
5 A Strategy for Development	127	(38)
Lecture III Research	165	(120)
6 Data and Measurement as Drivers of Change	167	(32)
7 The Dynamics of the Investment Climate	199	(26)
8 The Dynamics of Empowerment	225	(18)
9 The Dynamics of Preferences	243	(24)
10 The Dynamics of Political Reform	267	(18)
Lecture IV Action	285	(102)
11 The Challenge	287	(28)
12 Domestic Action: Public Finances and the Role of the State	315	(42)
13 International Action: Trade and Aid	357	(30)
Conclusion: A Strategy to Guide Policy, a Program for Learning, and a Plan of Action	387	(4)
Notes	391	(14)
References	405	(36)
Index	441