Small is better – On the importance of small aid

“Poor Economics – Rethinking Poverty and way to End it ” suggests small interventions rather than grand solutions to help the poor.

Authors Banerjee and Duflo steer clear of tall claims about a yellow brick road out of poverty. Their implicit message is that we should take the poor seriously, because a considerate look at their lives and choices can give policymakers, aid givers and action groups a better sense of how to spend money in programmes that are supposed to help the poor. Such a focus on the little things that matter also means that the policy solutions offered by Banerjee and Duflo involve small interventions rather than grand solutions—a sore point with some critics.

IN this book the authors share how they came to this point of view.

“Poor Economics – Rethinking Poverty and way to End it “

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Tags: Change, poverty, Poverty Analysis, strategies, Systemic change