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Book Cover
E-book

Title Immiserizing growth : when growth fails the poor / edited by Paul Shaffer, Ravi Kanbur, and Richard Sandbrook
Edition First edition
Published Oxford, United Kingdom : Oxford University Press, 2019

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Description 1 online resource (xviii, 280 pages) : illustrations
Contents Part 1: Introduction and overview -- Introduction, Paul Shaffer, Ravi Kanbur, and Richard Sandbrook -- Immiserizing growth: An overview, Paul Shaffer -- Part II: Political economy and politics -- The politics of immiserizing growth: Mexico in comparative perspective, Judith Teichman -- Political settlements and immiserizing growth episodes, Kunal Sen -- Exploring the causes of immiserizing growth: A comparison of pathways, Benjamin Liu, Siyuan Yeo, and John A. Donaldson -- Part III: Case studies -- Richer but not happier: Four areas of reforms in the next phase of development in China, Shang-Jin Wei and Xiaobo Zhang -- Immiserizing growth and poverty dynamics: An assessment of twelve Indian states, Vidya Diwakar, Andy McKay, and Andrew Shepherd -- Has the economy left the children behind? Nutritional immiserization in India, Anjana Thampi -- Maria's paradox: Oil extraction and the misery of missing development alternatives in the Ecuadorian Amazon, Murat Arsel, Lorenzo Pellegrini, and Carlos F. Mena -- Is structural transformation-led economic growth immiserizing or inclusive? The case of Indonesia, Kyunghoon Kim, Andy Sumner, and Arief Anshory Yusuf -- The paradox of persistent poverty amid high growth: The case of Nigeria, Rasaki Stephen Dauda
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
Bibliography Includes bibliographical references and indexes
Notes Print version record
Subject Economic development.
Poverty.
Economics -- Political aspects
Poverty
economic development.
poverty.
BUSINESS & ECONOMICS -- Industries -- General.
Economic development.
Economics -- Political aspects.
Poverty.
Form Electronic book
Author Shaffer, Paul, editor
Kanbur, S. M. Ravi, 1954- editor
Sandbrook, Richard, editor
ISBN 9780192568335
0192568337
9780191870965
019187096X