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What Works in Development?: Thinking Big and Thinking Small by Jessica Cohen, William Easterly

By Jessica Cohen, William Easterly

What Works in improvement? brings jointly major specialists to handle essentially the most easy but vexing concerns in improvement: what will we relatively find out about what works- and what does not - in struggling with international poverty? The individuals, together with some of the world's most useful fiscal improvement analysts, concentrate on the continuing debate over which paths to improvement actually maximize effects. may still we emphasize a big-picture process - targeting the position of associations, macroeconomic rules, progress innovations, and different country-level components? Or is a extra grassroots strategy tips to cross, with the point of interest on specific microeconomic interventions reminiscent of conditional money transfers, mattress nets, and different microlevel advancements in provider supply at the floor? The ebook makes an attempt to discover a consensus on which process could be greater. The participants comprise Nana Ashraf (Harvard enterprise School), Abhijit Banerjee (MIT), Nancy Birdsall (Center for international Development), Anne Case (Princeton University), Jessica Cohen (Brookings),William Easterly (NYU and Brookings),Alaka Halla (Innovations for Poverty Action), Ricardo Hausman (Harvard University), Simon Johnson (MIT), Peter Klenow (Stanford University), Michael Kremer (Harvard), Ross Levine (Brown University), Sendhil Mullainathan (Harvard), Ben Olken (MIT), Lant Pritchett (Harvard), Martin Ravallion (World Bank), Dani Rodrik (Harvard), Paul Romer (Stanford University), and DavidWeil (Brown).

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World Bank Economic Review 15, no. 2. ———. 2003. ” Journal of Monetary Economics 50, no. 1 (January): 3–39. Easterly, William, Ross Levine, and David Roodman. 2004. ” American Economic Review, 94, no. 3 (June): 774–80. Fehr, Ernst, and others. 2007. ” Econometrica 75, no. 1: 121–54. Galor, Oded, and David N. Weil. 2000. ”American Economic Review 90, no. 4: 806–28. 01-0282-5 CH 1:Cohen-Easterly introduction 10/6/09 1:49 PM Page 23 23 Gilovich, Thomas, Dale Griffin, and Daniel Kahneman. 2002. Heuristics and Biases: The Psychology of Intuitive Judgment.

If poor people spend a considerable share of their budget on health, for example, it is unlikely that they do not value it sufficiently. This kind of analysis helps narrow the list down to a smaller list of real problems (“binding constraints”).

Working Paper 14707. : National Bureau of Economic Research. , P. Johnson, and J. Temple. 2006. “Growth Econometrics,” in Handbook of Economic Growth, edited by P. Aghion and S. Durlauf. Amsterdam: North-Holland. Easterly, William. 2001. The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics. MIT Press. Easterly, William, and others. 1993. “Good Policy or Good Luck? ” Journal of Monetary Economics 32, no. 3: 459–83. Easterly, William, and Ross Levine. 2001. ” World Bank Economic Review 15, no.

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