SUMMARY - Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit V. Banerjee and Esther Duflo

* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes.


*As you read this summary, you will discover that beyond the traditional anti-poverty policies that have emerged over the past decades, there is another way of looking at situations.


*You will also discover that : the poor have little access to information; the poor take responsibility for too many aspects of their lives; they have no access to certain markets, such as credit, or at exorbitant prices; poor countries are not doomed to failure because they are poor; when a situation begins to improve, beliefs and certainties change.


*Abhijit Banerjee and Esther Duflo rely on field studies with NGOs, government officials, health workers, etc., to support their work. They propose a new vision of poverty and, above all, ways of fighting it, through limited experiments and ingenious solutions proven in the field. They present not one, but models, based on the idea that it is by understanding the livelihoods of the poorest that solutions can be found to help them out of poverty.


*Buy now the summary of this book for the modest price of a cup of coffee!