The Elusive Quest for Growth

This book explains the disparity between the growth predicted by theory and the lack of success of development.

William Easterly, The Elusive Quest for Growth, MIT Press, 2002.

Economists have been perplexed at the disparity between the growth predicted by theory and the lack of success of development policies.

In this book, Easterly explains the theory, accepts the failures, and shows that in most cases, the development policies have not aligned incentives with growth.

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