by:Abhijit Vinayak, Esther Duflo,
Drawing on 15 years of research from Chile to India, Kenya to Indonesia, Banerjee and Duflo have identified new aspects of the behavior of poor people, their needs, and the way that aid or financial investment can affect their lives. Their work transforms certain presumptions: that microfinance is a cure-all, that schooling equals learning, that poverty at the level of 99 cents a day is just a more extreme version of the experience any of us have when our income falls uncomfortably low.
Winner of the FT/Goldman Sachs Business Book of the Year Award 2011.
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‘(W)onderfully insightful and compassionate...’ – Guardian
‘A marvellously insightful book by two outstanding researchers on the real nature of poverty.’ – Amartya Sen