Abhijit Banerjee and Esther Duflo’s “Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty” is a book that questions the decision making of poor people. There is a hopeful view of addressing global issues. This book presents the twists related to…
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Lack of resources and access to medication is a leading factor in the demise of children and adults alike in countries that are less developed. This is in spite of the availability of vaccination and medications.
However, it is noted that money is the issue. There is limited availability of funds to facilitate the treatment of some diseases that can be easily controlled. Since they are unable to prevent diseases, they become less productive. In consequence, they are unable to work and move out of the poverty that affects their livelihood.
Several examples of success and failure are given in equal measure. Banerjee and Duflo convince the readers that there are simpler solutions to poverty, rather than just relying on global help such as financial aid. Improving health provides a chance to increase productivity and stop the stagnant development that characterizes such areas (Banerjee and Duflo, 2011).
The chapters in the book bring a deeper intuition on development. Abhijit Banerjee and Esther Duflo convincingly presents to the reader the traps that the 21st century poor generations indulge into with the assumption that they are helping themselves. The experiences of the poor, and the experiments they partake have been explained in a way that warns others on what to avoid. Chapter 3 focusses on health as a leading factor in the quest to eradicate
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The houses are battered with no proper drainage system. The village does not have a doctor and is plagued by mosquitoes. The women do not have equal status as the men and in the absence of a girl’s elementary school they are also deprived of education. There is almost no women empowerment and their status is not equal to the males.
Jim seeks to explore the way people communicate and the role, which should be played by the sender of the message and the receiver during a communication endeavour. From reading the book, it is evident that listening while communicating or having a conversation calls for more than merely hearing the words of another person.
The effectiveness of the two policies is derived from the way the combination of both policies affects the aggregate demand in the economy (APE). The monetary policies affects the supply function (ASF), thereby shifting the supply curve towards the right or left.
In addition, the term "Xeroxing" is quickly becoming synonymous with "copying." The company made its presence felt in 1959 with the introduction of the first one-piece, plain paper photocopier using the process of xerography (electro photography), the Xerox 914.
The author states that discrimination based on race and gender may be alleviated by a paradigm shift in terms of mindset. The whole system of discrimination is built on mere distorted ideas, and perceptions made manifest. If this can be corrected via education, reorientation and cultural understanding it would cease.
Since human beings are known to be social beings, communication is very important for them and therefore, so should listening be. Nevertheless, it is evident that there is a big problem about listening skills. People seem to misunderstand a lot because
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