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William Easterly
William Russell Easterly (born September 7, 1957) is an American economist, specializing in economic development. He is a professor of economics at New York University, joint with Africa House, and co-director of NYU’s Development Research Institute. He is a Research Associate of NBER, senior fellow at the Bureau for Research and Economic Analysis of Development (BREAD) of Duke University, and a nonresident senior fellow at the Brookings Institution in Washington DC. Easterly is an associate editor of the ''Journal of Economic Growth''. Easterly is the author of three books: '' The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics'' (2001); ''The White Man’s Burden: Why the West’s Efforts to Aid the Rest Have Done So Much Ill and So Little Good'' (2006), which won the 2008 Hayek Prize; and ''The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor'' (2014), which was a finalist for the 2015 Hayek Prize. Biography ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago School Of Economics
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school. Chicago macroeconomic theory rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. The freshwater–saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight of rational expectations without giving up the traditional Keynesian focus on imperfect competition and sticky wages. Chicago economists have also left their intellectual influence in other fields, notably in pioneerin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Tyranny Of Experts
''The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor'' is a 2014 book by the development economist William Easterly. It traces the history of the fight against global poverty, and examines the structural incentives of development. Easterly contends that poverty reduction has been used as a tactic to take away the rights of the poor and give power to the state and corporations. He suggests poverty reduction is better served by greater respect for individual freedom than by a reliance on technocracy. Themes The book argues that there are no simple answers for promoting economic development and that the best hope is to support economic, political, and personal freedom worldwide. The book is similar to Easterly's earlier books on economic development, '' The Elusive Quest for Growth'' and ''The White Man's Burden''. The book argues that in order for development to succeed, the principles of development should be correct first and must be built botto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Relief
Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and freeing of debt slaves. In World War I the United States Treasury made large loans to the allies that were postponed, reduced and finally paid off in 1953. In the late 20th century, it came to refer primarily to Third World debt, which started exploding with the Latin American debt crisis (Mexico 1983, etc.). In the early 21st century, it is of increased applicability to individuals in developed countries, due to credit bubbles and housing bubbles. International debt relief First World War reparations War debt payments by World War I Allies to the U.S. had been suspended in 1931—only Finland paid in full—and American public opinion demanded repayments resume as a condition of U.S. postwar aid. Germany had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panacea (medicine)
A panacea , named after the Greek goddess of universal remedy Panacea, is any supposed remedy that is claimed (for example) to cure all diseases and prolong life indefinitely. It was in the past sought by alchemists in connection with the elixir of life and the philosopher's stone, a mythical substance that would enable the transmutation of common metals into gold. Through the 18th and 19th centuries, many "patent medicines" were claimed to be panaceas, and they became very big business. The term "panacea" is used in a negative way to describe the overuse of any one solution to solve many different problems, especially in medicine. The word has acquired connotations of snake oil and quackery. A panacea (or ''panaceum'') is also a literary term to represent any solution to solve all problems related to a particular issue. Mythology In Greek mythology, Panacea was one of the daughters of the Greek god of medicine Asclepius, along with her four sisters, each of whom performed one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Growth
Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development was defined in the 1987 Brundtland Report as "Development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs".United Nations General Assembly (1987''Report of the World Commission on Environment and Development: Our Common Future'' Transmitted to the General Assembly as an Annex to document A/42/427 – Development and International Co-operation: Environment. As the concept of sustainable development developed, it has shifted its focus more towards the economic de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transition Economy
A transition economy or transitional economy is an economy which is changing from a planned economy, centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization. In addition to this trade barriers are removed, there is a push to privatize state-owned enterprises and resources, state and collectively run enterprises are Corporatization, restructured as businesses, and a financial sector is created to facilitate macroeconomic stabilization and the movement of private capital (economics), capital. The process has been applied in China, the former Soviet Union and Eastern bloc countries of Europe and some Third world countries, and detailed work has been undertaken on its economic and social effects. The transition process is usually characterized by the changing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Global Development
The Center for Global Development (CGD) is a nonprofit think tank based in Washington, D.C., and London that focuses on international development. History It was founded in November 2001 by former senior U.S. official Edward W. Scott, director of the Peterson Institute for International Economics, C. Fred Bergsten, and Nancy Birdsall. Birdsall, the former vice president of the Inter-American Development Bank and former director of the Policy Research Department at the World Bank, became the center's first president. Lawrence Summers was unanimously elected in March 2014 by the CGD Board of Directors to succeed founding Board Chair Edward Scott Jr., on May 1, 2014. CGD was ranked the 13th most prominent think tank in the international development sphere by University of Pennsylvania's "2015 Global Go To Think Tank Index Report". In 2009, ''Foreign Policy'' magazine's Think-Tank Index listed CGD as one of the top 15 overall think-tanks in the US. CGD's stated mission is " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute For International Economics
The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by Adam S. Posen since 2013. The institute conducts research, provides policy recommendations, and publishes books and articles on a wide range of topics related to the US economy and international economics. According to the ''2015 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), PIIE was number 20 (of 150) in the "Top Think Tanks Worldwide" and number 13 (of 60) in the "Top Think Tanks in the United States". Other "Top Think Tank" rankings include #4 (of 80) in Domestic Economic Policy, #20 (of 30) in Domestic Health Policy, #14 (of 25) in Global Health Policy, #32 (of 80) in International Development, #1 (of 50) in International Economic Policy, #38 (of 45) in Science and Technol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul H
Paul may refer to: *Paul (given name), a given name (includes a list of people with that name) *Paul (surname), a list of people People Christianity *Paul the Apostle (AD c.5–c.64/65), also known as Saul of Tarsus or Saint Paul, early Christian missionary and writer *Pope Paul (other), multiple Popes of the Roman Catholic Church *Saint Paul (other), multiple other people and locations named "Saint Paul" Roman and Byzantine empire *Lucius Aemilius Paullus Macedonicus (c. 229 BC – 160 BC), Roman general *Julius Paulus Prudentissimus (), Roman jurist *Paulus Catena (died 362), Roman notary *Paulus Alexandrinus (4th century), Hellenistic astrologer *Paul of Aegina or Paulus Aegineta (625–690), Greek surgeon Royals *Paul I of Russia (1754–1801), Tsar of Russia *Paul of Greece (1901–1964), King of Greece Other people *Paul the Deacon or Paulus Diaconus (c. 720 – c. 799), Italian Benedictine monk *Paul (father of Maurice), the father of Maurice, Byzan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bowling Green State University
Bowling Green State University (BGSU) is a public research university in Bowling Green, Ohio. The main academic and residential campus is south of Toledo, Ohio. The university has nationally recognized programs and research facilities in the natural and social sciences, education, arts, business, health and wellness, humanities and applied technologies. The institution was granted a charter in 1910 as a normal school, specializing in teacher training and education, as part of the Lowry Normal School Bill that authorized two new normal schools in the state of Ohio. Over the university's history, it has developed from a small rural normal school into a comprehensive public research university. It is a part of University System of Ohio and classified among "R2: Doctoral Universities – High research activity". In 2019, Bowling Green offered over 200 undergraduate programs, as well as master's and doctoral degrees through eight academic colleges. BGSU had an on-campus resident ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
