Please read the instructions i attached and follow these:
Banerjee & Duflo Poor Economics, Ch 8 & 9
Ch 10 & Conclusion
Canvas-SDG #1 Ending PovertyForeign Policy-Mobarak â€œInstead of Bringing Jobsâ€
as pdf or link
Brookings Institution -Gertz & Kharas â€œThe Road to ending Povertyâ€ link only
Written Blog Post #4 is due by midnight the day before the class meets.
Please answer these questions connected to your readings. Be critical.
For this week you are reading about micro-credit and its limits as well as other theories.Please answer the following questions critically:
Chapter 10 talks about the debate on pros and cons of development aid with leading economists Jeffrey Sachs (Columbia University) and William Easterly (NYU) pitted against each other. Each side has valid points. After reading for a few weeks about the issue of ending poverty, what is your take on this debate.
What is the basic argument for and against micro-credits that Banerjee and Duflo make? Do you agree with them?
Are micro-credits working in your assigned country? Do you agree with its limits? What is happening in your country with micro-credits or any other way to handle money, savings, trade?
Reflect critically on the article in Foreign Policy. Do you agree? Are therevalid points?
Is the article â€œInstead of Bringing Jobsâ€ a reasonable approach to fixing seasonal poverty? Would this work in the country that you are doing research on? What are limits?
Read this article from 2017 and watch the video â€“ do you agree? https://www.aljazeera.com/indepth/opinion/2017/05/africa-poor-stealing-wealth-170524063731884.html
Which side do you take and why?
Are there other arguments that could be made and thus another side that could be taken? There is lots of information online; for ex.
answer them in separate:
Banerjee & Duflo Conclusion: What are five key lessons mentioned to improve the lives of the poor? Are these viable solutions or just speculations?
What role do institutions play in the success or failure of a society? Do you find their role significant? What can be done to improve the functioning of inadequate institutions?
Listen to Gary Haugenâ€™s talk on the hidden reason for poverty. Do you agree with him? What are solutions?
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