Immiserizing growth : when growth fails the poor /
Immiserizing growth occurs when economic growth fails to benefit, or even harms, the poor. This first book-length examination of this phemonenon combines discussion of the mechanisms of immiserizing growth with empirical data on trends in growth, poverty, and related welfare indicators.
| Other Authors: | , , |
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| Format: | eBook |
| Language: | English |
| Published: |
Oxford, United Kingdom ; New York, NY :
Oxford University Press,
2019.
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| Edition: | First edition. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Immiserizing growth occurs when economic growth fails to benefit, or even harms, the poor. This first book-length examination of this phemonenon combines discussion of the mechanisms of immiserizing growth with empirical data on trends in growth, poverty, and related welfare indicators. Immiserizing growth occurs when growth fails to benefit, or harms, those at the bottom. It is not a new concept, appearing in some of the towering figures of the classical tradition of political economy including Malthus, Ricardo, and Marx. It is also not empirically insignificant, occurring in between 10% and 35% of cases. In spite of this, it has not received its due attention in the academic literature, dominated by the prevailing narrative that 'growth is good for the poor'. Immiserizing Growth: When Growth Fails the Poor challenges this view to arrive at a better understanding of when, why, and how growth fails the poor. Taking a diverse disciplinary perspective, Immiserizing Growth combines discussion of mechanisms of this troubling economic phenomenon with empirical data on trends in growth, poverty, and related welfare indicators. It draws on political economy, applied social anthropology, and development studies, including contributions from experts in these fields. A number of methodological approaches are represented including statistical analysis of household survey and cross-country data, detailed ethnographic work and case study analysis drawing on secondary data. Geographical coverage is wide including Bolivia, the Dominican Republic, Ecuador, India, Indonesia, Mexico, Nigeria, the People's Republic of China, Singapore, and South Korea, in addition to cross-country analysis. This volume is the first full-length treatment of immiserizing growth, and constitutes an important step in redirecting attention to this major challenge. |
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| Physical Description: | 1 online resource (xviii, 280 pages) : illustrations |
| Bibliography: | Includes bibliographical references and indexes. |
| ISBN: | 9780192568335 0192568337 9780191870965 019187096X 9780192568342 0192568345 |