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نقد کتاب اقتصاد فقیر
[A Critical Review of the Book “Poor Economics”]

Author

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  • Mirjalili, Seyed hossein

Abstract

Poor Economics analyzes the economic behavior of the poor. It is an application of behavioral economics to the economics of poverty and it seeks to provide an innovative solution to eight issues: hunger, health, schooling, population, risk, loans, savings and entrepreneurship of the poor using randomized control experiments. Although the book offers a new way to combat poverty, the book's evaluation shows that the limitations of the randomized control trial have not been addressed. Improving the performance of the poor without institutional reform has limited impact. There are no conclusions and suggestions for the eight issues discussed. With the marginal actions that this book suggests to improve the lives of the poor, the problem of poverty of about two billion people in the world cannot be solved. The impact of culture on the motivation and behavior of the poor has not been discussed, though the poor are heavily influenced by cultural beliefs and norms.

Suggested Citation

  • Mirjalili, Seyed hossein, 2019. "نقد کتاب اقتصاد فقیر [A Critical Review of the Book “Poor Economics”]," MPRA Paper 125517, University Library of Munich, Germany, revised 21 Oct 2019.
    • Handle: RePEc:pra:mprapa:125517
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    References listed on IDEAS

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    1. Abhijit V. Banerjee & Esther Duflo, 2007. "The Economic Lives of the Poor," Journal of Economic Perspectives, American Economic Association, vol. 21(1), pages 141-168, Winter.
    2. Rodrik, Dani, 2008. "The New Development Economics: We Shall Experiment, but How Shall We Learn?," Working Paper Series rwp08-055, Harvard University, John F. Kennedy School of Government.
    3. Abhijit V. Banerjee & Esther Duflo, 2009. "The Experimental Approach to Development Economics," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 151-178, May.
    4. Mark R. Rosenzweig, 2012. "Thinking Small: Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty : Review Essay," Journal of Economic Literature, American Economic Association, vol. 50(1), pages 115-127, March.
    5. Banerjee, Abhijit Vinayak & Benabou, Roland & Mookherjee, Dilip (ed.), 2006. "Understanding Poverty," OUP Catalogue, Oxford University Press, number 9780195305203.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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