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Author: Mark Robert (Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Rank, Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Washington University in St. Louis) Publisher: Oxford University Press ISBN: 0190212632 Category : Poverty Languages : en Pages : 225
Book Description
"This book has been quite some time in the making. Across a number of years I have researched, taught, and written about poverty. In my opinion, there are few topics of greater importance. It is a dominant and disturbing feature of the American landscape. Yet despite the hundreds of books, articles, reports, and programs addressing the issue, the United States continues to have the highest rates of poverty among the wealthy countries"--
Author: Mark Robert (Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Rank, Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Washington University in St. Louis) Publisher: Oxford University Press ISBN: 0190212632 Category : Poverty Languages : en Pages : 225
Book Description
"This book has been quite some time in the making. Across a number of years I have researched, taught, and written about poverty. In my opinion, there are few topics of greater importance. It is a dominant and disturbing feature of the American landscape. Yet despite the hundreds of books, articles, reports, and programs addressing the issue, the United States continues to have the highest rates of poverty among the wealthy countries"--
Author: Clayton M. Christensen Publisher: HarperCollins ISBN: 0062851837 Category : Business & Economics Languages : en Pages : 415
Book Description
Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Author: Monica Prasad Publisher: Harvard University Press ISBN: 0674071549 Category : Social Science Languages : en Pages : 306
Book Description
The Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America’s explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by “mortgage Keynesianism.” This book will launch a thousand debates.
Author: Christopher B. Barrett Publisher: University of Chicago Press ISBN: 022657430X Category : Business & Economics Languages : en Pages : 425
Book Description
What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.
Author: Ijeoma Ngozi Obiajunwa Publisher: Independently Published ISBN: Category : Languages : en Pages : 0
Book Description
We live in a world that is both dazzling and desolate A world where dreams clash with despair, a paradox looms large-a paradox that dares us to question the very fabric of our humanity. Welcome to the captivating journey that lies ahead, a journey that will take us deep into the heart of the Poverty Paradox. Imagine a realm where towering skyscrapers scrape the heavens, their gleaming glass facades reflecting the triumphs of human ingenuity. Yet, just beyond their shadows, hidden from the prying eyes of progress, lies a stark contrast-a ghetto of slums, where hope struggles to survive amidst the suffocating grip of destitution. The Poverty Paradox is a riddle that defies logic. In a world where knowledge blossoms and technological marvels abound, why do the shackles of poverty still persist? This enigma demands our attention, drawing us into a labyrinth of complexities that intertwine and confound. One very profound statement that through its timeless wisdom draws our attention to the glaring reality of the paradox of poverty is the words of Nelson Mandela. He posits that "Poverty is not an accident. Like Slavery and Apartheid, it is man-made and can be removed by the actions of human beings". This declaration emboldens us, so fear not, dear reader, for within these pages lies the key to understanding this perplexing puzzle. We shall embark on a voyage that will unveil the hidden truths of poverty, reveal the interconnected webs that bind its victims, and illuminate the path towards liberation. That is why we must delve deeper to discover the intricate paradox of poverty-its multidimensional nature that extends far beyond the confines of income alone. Education, healthcare, clean water, and social protection-they are all strands woven into this complex web. As Pope John Paul II stated "A society will be judged on the basis of how it treats its weakest members." We shall explore the interplay between poverty and climate change, health disparities, gender inequality, and social exclusion, unraveling the intricate threads that perpetuate the cycle of suffering. Amidst the darkness, a flicker of hope emerges-the Sustainable Development Goal 1: No Poverty. This beacon calls upon us to unite, to end poverty in all its forms, and to create a world where prosperity is not a privilege but a birthright. But the path to this utopia is strewn with challenges-challenges that demand our collective wisdom, ingenuity, and unwavering resolve. Throughout our odyssey, we shall encounter the strategies and interventions that hold the promise of liberation. We shall witness the power of holistic approaches that balance economic growth and social protection, that bridge the gap between universal solutions and targeted interventions. We shall uncover the transformative potential of innovation, learning, and adaptation, as we strive to meet the ever-evolving demands of a changing world. But this book is not a definitive end. It is an invitation-a call to action that echoes through the ages. It beckons us to join hands, to raise our voices, and to ignite a global movement for change. Poverty reduction is not the responsibility of a select few; it is a collective endeavor that requires the commitment and action of all. So, I invite you to embark on this extraordinary journey. Let the stories within these pages stir your soul, let the knowledge within these words ignite your passion, and let us together unravel the enigma of the Poverty Paradox. For within our grasp lies the power to create a world where poverty is but a distant memory, where the shackles of destitution are shattered, and where all can bask in the warmth of prosperity. Let us dare to dream, let us dare to act, and let us dare to change the world.
Author: Daniel Little Publisher: Routledge ISBN: 0429964579 Category : Philosophy Languages : en Pages : 304
Book Description
We live in a time of human paradoxes. Scientific knowledge has reached a level of sophistication that permits understanding of the most arcane phenomena and yet religious fundamentalism dominates in many parts of the world. We witness the emergence of a civil, liberal constitutionalism in many regions of the world and yet ethnic violence threatens the lives and dignity of millions. And we live in a time of rapid economic and technological advance and yet several billions of people live in persistent debilitating poverty. In this book, Daniel Little dissects these paradoxes offering the clearest perspective on how best to approach international development.Using both empirical and philosophical approaches, Little provides a schematic acquaintance with the most important facts about global development at the turn of the twentieth century. In doing so, he explores what appear to be the most relevant moral principles and insights that ought to be invoked as we consider these facts and then draws conclusions about what sorts of values and goals ought to guide economic development in the twenty-first century.
Author: Mark Robert Rank Publisher: Oxford University Press ISBN: 0190212659 Category : Business & Economics Languages : en Pages : 225
Book Description
The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the nation's leading authorities provides the answer. In The Poverty Paradox, Mark Robert Rank develops his unique perspective for understanding this puzzle. The approach is what he has defined over the years as structural vulnerability. Central to this new way of thinking is the distinction between those who lose out at the economic game versus why the game produces losers in the first place. Americans experiencing poverty tend to have certain characteristics placing them at a greater risk of impoverishment. Yet poverty results not from these factors, but rather from a lack of sufficient opportunities in society. In particular, the shortage of decent paying jobs and a strong safety net are paramount. Based upon this understanding, Rank goes on to detail a variety of strategies and programs to effectively alleviate poverty in the future. Implementing these policies has the added benefit of reinforcing several of the nation's most important values and principles. The Poverty Paradox represents a game changing examination of poverty and inequality. It provides the essential blueprint for finally combatting this economic injustice in the years ahead.
Author: Tirfe Mammo Publisher: The Red Sea Press ISBN: 9781569020494 Category : Indigenous peoples Languages : en Pages : 292
Book Description
Taking Ethiopia as a case study, this work examines the prevailing views on the poverty of much of Africa and argues that the current situation can be reversed by attacking the root causes of poverty - once they are properly understood.
Author: Andy Sumner Publisher: Oxford University Press ISBN: 0191008567 Category : Business & Economics Languages : en Pages : 192
Book Description
Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or 'catch-up' capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to which the answers may be shifting. One might expect global poverty to be focused in the world's poorest countries, usually defined as low-income countries, or least developed countries, or 'fragile states'. However, most of the world's absolute poor by monetary or multi-dimensional poverty - up to a billion people - live in growing and largely stable middle-income countries. At the same time, poverty has not fallen as much as the substantial economic growth would warrant. As a consequence, and as domestic resources have grown, much of global poverty has become less about a lack of domestic resources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.