Fighting Poverty One Experiment at a Time: Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty: Review Essay
Martin Ravallion
Journal of Economic Literature, 2012, vol. 50, issue 1, 103-14
Abstract:
Abhijit Banerjee and Esther Duflo offer a coherent vision for an economics of poverty and antipoverty policy. Their economics is grounded in an effort to understand the economic and psychological complexities in the lives of poor people, informed by social experiments and field observations. Their preferred policies entail small reforms at the margin, also informed by experiments—specifically randomized control trials. While the book provides some interesting insights, I question how far its approach will get us in fighting global poverty. (JEL I32, I38, O15, P36)
JEL-codes: I32 I38 O15 P36 (search for similar items in EconPapers)
Date: 2012
Note: DOI: 10.1257/jel.50.1.103
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Citations: View citations in EconPapers (34)
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