The Elusive Quest for Growth

This paper analyzes “The Elusive Quest for Growth: Economists Adventures and Misadventures in the Tropics” by William Easterly.

This book report examines at great length the various methods used by global banking institutions to promote growth in poor and developing countries. The paper points out that Easterly describes several panaceas, or approaches, which have been used over the years by these financial institutions, such as the World Bank and the IMF. In most of the cases, there is a spotlight shone upon the shortcomings of each of the approaches.

Written By wed

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