Even in impoverished countries lacking material and human
resources, P. T. Bauer argues, economic growth is possible under
the right conditions. These include a certain amount of thrift and
enterprise among the people, social mores and traditions which
sustain them, and a firm but limited government which permits
market forces to work. Challenging many views about development
that are widely held, Bauer takes on squarely the notion that
egalitarianism is an appropriate goal. He goes on to argue that the
population explosion of less-developed countries has on the whole
been a voluntary phenomenon and that each new generation has lived
better than its forebears. He also critically examines the notion
that the policies and practices of Western nations have been
responsible for third world poverty. In a major chapter, he reviews
the rationalizations for foreign aid and finds them weak; while in
another he shows that powerful political clienteles have developed
in the Western nations supporting the foreign aid process and
probably benefiting more from it than the alleged recipients.
Another chapter explores the link between the issue of Special
Drawing Rights by the International Monetary Fund on the one hand
and the aid process on the other. Throughout the book, Bauer
carefully examines the evidence and the light it throws on the
propositions of development. Although the results of his analysis
contradict the conventional wisdom of development economics, anyone
who is seriously concerned with the subject must take them into
account.
General
Imprint: |
Harvard University Press
|
Country of origin: |
United States |
Release date: |
December 1981 |
First published: |
December 1981 |
Authors: |
P.T. Bauer
|
Dimensions: |
235 x 155 x 22mm (L x W x T) |
Format: |
Paperback
|
Pages: |
293 |
ISBN-13: |
978-0-674-25986-7 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
0-674-25986-6 |
Barcode: |
9780674259867 |
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