WorldCat Identities

Easterly, William 1957-

Overview
Works: 204 works in 980 publications in 10 languages and 15,909 library holdings
Genres: Case studies 
Roles: Author, Editor, Compiler, Other
Classifications: HC59.7, 338.911713
Publication Timeline
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Most widely held works by William Easterly
The white man's burden : why the West's efforts to aid the rest have done so much ill and so little good by William Easterly( Book )

35 editions published between 2006 and 2014 in English and held by 2,306 WorldCat member libraries worldwide

"An attack on the tragic waste, futility, and hubris of the West's efforts to date to improve the lot of the so-called developing world, with constructive suggestions on how to move forward. Economist Easterly discusses the twin tragedies of global poverty: the first, that so many are seemingly fated to live miserable lives and die early deaths; the second, that after fifty years and more than $2.3 trillion in aid, we have shockingly little to show for it. We preach a gospel of freedom and individual accountability, yet we intrude in the inner workings of other countries through bloated aid bureaucracies--and most of the places in which we've meddled are in fact no better off or are even worse off than they were before. Could it be that we don't know as much as we think we do?"--Publisher description
The elusive quest for growth : economists' adventures and misadventures in the tropics by William Easterly( Book )

31 editions published between 2001 and 2003 in 4 languages and held by 1,247 WorldCat member libraries worldwide

"Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of institutional reforms." "In this book Easterly shows how these solutions all violate the basic principle of economics, that people - private individuals and businesses, government officials, even aid donors - respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank."--Jacket
The tyranny of experts : economists, dictators, and the forgotten rights of the poor by William Easterly( Book )

28 editions published between 2013 and 2016 in 4 languages and held by 1,024 WorldCat member libraries worldwide

Over the last century, global poverty has largely been viewed as a technical problem that merely requires the right "expert" solutions. Yet all too often, experts recommend solutions that fix immediate problems without addressing the systemic political factors that created them in the first place. Further, they produce an accidental collusion with "benevolent autocrats," leaving dictators with yet more power to violate the rights of the poor
Reinventing foreign aid by William Easterly( Book )

16 editions published between 2007 and 2014 in English and held by 551 WorldCat member libraries worldwide

The urgency of reducing poverty in the developing world has been the subject of a public campaign by such unlikely policy experts as George Clooney, Alicia Keyes, Elton John, Angelina Jolie, and Bono. And yet accompanying the call for more foreign aid is an almost universal discontent with the effectiveness of the existing aid system. In Reinventing Foreign Aid, development expert William Easterly has gathered top scholars in the field to discuss how to improve foreign aid. These authors, Easterly points out, are not claiming that their ideas will (to invoke a current slogan) Make Poverty History. Rather, they take on specific problems and propose some hard-headed solutions. Easterly himself, in an expansive and impassioned introductory chapter, makes a case for the "searchers"--Who explore solutions by trial and error and learn from feedback--over the "planners"--who throw an endless supply of resources at a big goal--as the most likely to reduce poverty. Other writers look at scientific evaluation of aid projects (including randomized trials) and describe projects found to be cost-effective, including vaccine delivery and HIV education; consider how to deal with the government of the recipient state (work through it or bypass a possibly dysfunctional government?); examine the roles of the International Monetary Fund (a de facto aid provider) and the World Bank; and analyze some new and innovative proposals for distributing aid
What works in development? : thinking big and thinking small( Book )

17 editions published in 2009 in English and held by 440 WorldCat member libraries worldwide

Introduction : thinking big versus thinking small / Jessica Cohen and William Easterly -- The new development economics : we shall experiment, but how shall we learn? / Dani Rodrik. Comment by Sendhil Mullainathan. Comment by Martin Ravallion -- Breaking out of the pocket : do health interventions work? Which ones and in what sense? / Peter Boone and Simon Johnson. Comment by Anne Case. Comment by Jessica Cohen -- Pricing and access : lessons from randomized evaluations in education and health / Michael Kremer and Alaka Holla. Comment by David N. Weil. Comment by Paul Romer -- The policy irrelevance of the economics of education : is "normative as positive" just useless, or worse? / Lant Pritchett. Comment by Benjamin A. Olken. Comment by Nancy Birdsall -- The other invisible hand : high bandwidth development policy / Ricardo Hausmann. Comment by Nava Ashraf. Comment by Ross Levine -- Big answers for big questions : the presumption of growth policy / Abhijit Vinayak Banerjee. Comment Peter Klenow. Comment by William Easterly
Africa's turn? by Edward Miguel( Book )

3 editions published in 2009 in English and held by 415 WorldCat member libraries worldwide

"By the end of the twentieth century, sub-Saharan Africa had experienced twenty-five years of economic and political disaster. While 'economic miracles' in China and India raised hundreds of millions from extreme poverty, Africa seemed to have been overtaken by violent conflict and mass destitution, and ranked lowest in the world in just about every economic and social indicator. Working in Busia, a small Kenyan border town, economist Edward Miguel began to notice something different starting in 1997: modest but steady economic progress, with new construction projects, flower markets, shops, and ubiquitous cell phones. In "Africa's Turn?" Miguel tracks a decade of comparably hopeful economic trends throughout sub-Saharan Africa and suggests that we may be seeing a turnaround. He bases his hopes on a range of recent changes: democracy is finally taking root in many countries; China's successes have fueled large-scale investment in Africa; and rising commodity prices have helped as well. Miguel warns, though, that the growth is fragile. Violence and climate change could derail it quickly, and he argues for specific international assistance when drought and civil strife loom."--Book cover
Public sector deficits and macroeconomic performance by William Easterly( Book )

12 editions published in 1994 in English and held by 374 WorldCat member libraries worldwide

The limits of stabilization : infrastructure, public deficits, and growth in Latin America( Book )

19 editions published in 2003 in English and held by 303 WorldCat member libraries worldwide

Over the 1980s and 1990s most Latin American countries witnessed a retrenchment of the public sector from infrastructure provision and an opening up of infrastruture activities to the private sector. This book analyses the consequences of these policy changes
How do national policies affect long-run growth? : a research agenda by William Easterly( Book )

24 editions published between 1991 and 1992 in English and Undetermined and held by 175 WorldCat member libraries worldwide

Public goods and ethnic divisions by Alberto Alesina( Book )

23 editions published between 1997 and 1999 in English and Undetermined and held by 147 WorldCat member libraries worldwide

We present a model that links heterogeneity of preferences across ethnic groups in a city to the amount and type of public good the city supplies. We test the implications of the model with three related datasets: US cities, US metropolitan areas, and US urban counties. Results show that productive public goods -- education, roads, libraries, sewers and trash pickup -- in US cities (metro areas/urban counties) are inversely related to the city's (metro area's/county's) ethnic fragmentation, even after controlling for other socioeconomic and demographic determinants. Ethnic fragmentation is negatively related to the share of local spending on welfare. The results are mainly driven by observations in which majority whites are reacting to varying sizes of minority groups. We conclude that ethnic conflict is an important determinant of local public finances
Le fardeau de l'homme blanc l'échec des politiques occidentales d'aide aux pays pauvres by William Easterly( Book )

16 editions published between 2007 and 2015 in 9 languages and held by 147 WorldCat member libraries worldwide

Kritische, economische analyse van de effecten van westerse ontwikkelingshulp
Inflation crises and long-run growth by Michael Bruno( Book )

24 editions published between 1995 and 1999 in English and Undetermined and held by 135 WorldCat member libraries worldwide

Recent literature suggests that long-run averages of growth and inflation are only weakly correlated and such correlation is not robust to exclusion of extreme inflation observations; inclusion of time series panel data has improved matters, but an aggregate parametric approach remains inconclusive. We propose a nonparametric definition of high inflation crises as periods when inflation is above 40 percent annually. Excluding countries with high inflation crises, we find no evidence of any consistent relationship between growth and inflation at any frequency. However, we find that growth falls sharply during discrete high inflation crises, then recovers surprisingly strongly after inflation falls. The fall in growth during crisis and recovery of growth after crisis tend to average out to close to zero (even slightly above zero), hence the lack of a robust cross-section correlation. Our findings could be consistent either with trend stationarity of output, in which inflation crises are purely cyclical phenomena, or with models in which crises have a favorable long-run purgative effect. Our findings do not support the view that reduction of high inflation carries heavy short-to-medium run output costs
The tyranny of experts : economists, dictators, and the forgotten rights of the poor by William Easterly( Recording )

7 editions published in 2014 in English and held by 108 WorldCat member libraries worldwide

Easterly delivers a scathing assault on the anti-poverty programs associated with both the United Nations and its political and private sector supporters
The Soviet economic decline : historical and republican data by William Easterly( Book )

19 editions published between 1991 and 1994 in English and held by 92 WorldCat member libraries worldwide

Soviet growth over 1960-89 was the worst in the world after we control for investment and human capital; the relative performance worsens over time. The declining Soviet growth rate over 1950-87 is explained by the declining marginal product of capital; the rate of TFP growth is roughly constant over that period. While the Soviet slowdown has conventionally been attributed to extensive growth (rising capital to output ratios), extensive growth is also a feature of market-oriented economies like Japan and Korea. What led to the relative Soviet decline was a low elasticity of substitution between capital and labor, which caused diminishing returns to capital to be especially acute. Tentative evidence indicates that the burden of defense spending also contributed to the Soviet debacle. Differences in growth performance between the Soviet republics are explained well by some of the same factors that figure in the empirical cross-section growth literature: initial income, human capital, population growth, and the degree of sectoral distortions
Policy, technology adoption, and growth by William Easterly( Book )

17 editions published between 1993 and 1994 in English and held by 87 WorldCat member libraries worldwide

This paper describes a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress. Our model economy does not create new technologies, it simply adopts those that have been created elsewhere. The accumulation of human capital is closely tied to this adoption process: accumulating human capital simply means learning how to incorporate a new intermediate good into the production process. Since the adoption costs are proportional to the labor force, the model does not display the counterfactual scale effects that are standard in models with endogenous technical progress. We show that our model is compatible with various standard results on the effects of economic policy on the rate of growth
Redistributive public employment by Alberto Alesina( Book )

11 editions published in 1998 in English and held by 85 WorldCat member libraries worldwide

Politicians may use disguised' redistributive policies in order to circumvent opposition to explicit tax-transfer schemes. First, we present a theoretical model that formalizes this hypothesis; then we provide evidence that in US cities, politicians use public employment as such a redistributive device. We find that city employment is significantly higher in cities where income inequality and ethnic fragmentation are higher
The search for the key : aid, investment, and policies in Africa by David Dollar( Book )

12 editions published in 1999 in English and Undetermined and held by 77 WorldCat member libraries worldwide

March 1999 Aid does not necessarily finance investment, and investment does not necessarily promote growth. But the combination of private investment, good policies, and foreign aid is quite powerful. When societies themselves take the lead in putting growth-enhancing policies in place, foreign aid can play a powerful supporting role, bringing ideas, technical assistance, and money. Dollar and Easterly's study of aid, investment, and policies in Africa leads them to four principal conclusions: * The traditional links between aid, investment, and growth are not robust. Aid does not necessarily finance investment and investment does not necessarily promote growth. * Differences in economic policies can explain much of the difference in growth performance. Poor quality of public services, closed trade regimes, financial repression, and macroeconomic mismanagement explain Africa's poor record. * Foreign aid cannot easily promote lasting policy reform in countries where there is no strong domestic movement in that direction. Country ownership of reform is more important than donor conditionality. * These three conclusions imply that societies themselves must take the lead in putting growth-enhancing policies in place. When this happens, foreign aid can play a powerful supporting role, bringing ideas, technical assistance, and money. The combination of private investment, good policies, and foreign aid is quite powerful. Where do we stand in the search for the key to growth in Africa? Because past keys to growth in Africa have failed, Dollar and Easterly are cautious about claims to a new key. But even if aid-cum-private-investment-cum-policy reform falls short of being the one and only key to growth, disbursing aid into good policy environments would be an improvement on current practices. This paper-a product of Macroeconomics and Growth, Development Research Group-is part of a larger effort in the group to examine aid effectiveness. The authors may be contacted at ddollar@worldbank.org or weasterly@worldbank.org
When is fiscal adjustment an illusion? by William Easterly( )

12 editions published in 1999 in English and Undetermined and held by 75 WorldCat member libraries worldwide

May 1999 A simple model shows that when an outside agent forces a reduction in a government's conventional deficit (debt accumulation), the government will respond by lowering its asset accumulation or by increasing hidden liabilities. That leaves net worth unchanged, so fiscal adjustment is an illusion. Fiscal adjustment is an illusion when it lowers the budget deficit or public debt but leaves the government's net worth unchanged, says Easterly. Conventional measures of the budget deficit largely measure the change in explicit public sector liabilities (debt). A more appropriate measure of the deficit would be the change in public sector net worth, but many criticize this concept as impossible to measure. Easterly takes a positive, rather than normative, approach to the net worth definition of fiscal balance. A simple model shows that when an outside agent forces a reduction in a government's conventional deficit (debt accumulation), the government will respond by lowering its asset accumulation or by increasing hidden liabilities. That leaves net worth unchanged, so fiscal adjustment is an illusion. He performs some simple empirical tests on the observational predictions of the model, examining a sample of countries with World Bank and International Monetary Fund adjustment programs and case studies of Maastricht Euro countries. The results confirm the model predictions: Fiscal adjustment in these countries was at least partly an illusion. This paper-a product of Macroeconomics and Growth, Development Research Group-is part of a larger effort in the group to study the political economy of policymaking. The author may be contacted at weasterly@worldbank.org
Fiscal policy and economic growth : an empirical investigation by William Easterly( Book )

19 editions published between 1993 and 1994 in English and held by 74 WorldCat member libraries worldwide

This paper describes the empirical regularities relating fiscal policy variables, the level of development and the rate of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main findings are: (i) there is a strong association between the development level and the fiscal structure: poor countries rely heavily on international trade taxes, while income taxes are only important in developed economies; (ii) fiscal policy is influenced by the scale of the economy, measured by its population; (iii) investment in transport and communication is consistently correlated with growth while the effects of taxation are difficult to isolate empirically
Life during growth by William Easterly( Book )

12 editions published in 1999 in English and Undetermined and held by 73 WorldCat member libraries worldwide

May 1999 Changes in a home country's quality-of-life indicators possibly depend as much on changes in world income as on changes in home country growth. The evidence that life gets better during growth is surprisingly uneven. The cross-country relationship between income and diverse indicators of the quality of life remains strong. Remarkably diverse indicators show quality of life across nations to be positively associated with per capita income. But changes in quality of life as income grows are surprisingly uneven. Moreover, in either level or changes, the effect of exogenous shifts over time is surprisingly strong. It is possible that changes in a home country's quality-of-life indicators depend as much on changes in world income as on changes in home country growth. The improvement in life expectancy everywhere, for example, may have reflected technical breakthroughs in antibiotics associated with world economic growth. The strong results on exogenous time shifts point in this direction. Easterly reaches this conclusion using a panel data set of 81 indicators covering up to four periods (1960, 1970, 1980, and 1990). The indicators cover seven subjects: health, education, individual rights and democracy, political instability and war, transport and communications, inequality across class and gender, and bads. With a seemingly unrelated regressions (SUR) estimator in levels, per capita income has an impact on the quality of life that is significant, positive, and more important than exogenous shifts for 32 of 81 indicators. With a fixed effects estimator, growth has an impact on the quality of life that is significant, positive, and more important than exogenous shifts for 6 of 69 quality-of-life indicators. The evidence that life gets better during growth is surprisingly uneven. The cross-country relationship between income and diverse indicators of the quality of life remains strong. Easterly speculates about explanations for the pattern of results, such as the long and variable lags that may come between growth and changes in the quality of life, and the possibility that global socioeconomic progress is more important than home country growth for many quality-of-life indicators. This paper-a product of Macroeconomics and Growth, Development Research Group-is part of a larger effort in the group to study the political economy determinants of policymaking. The author may be contacted at weasterly@worldbank.org
 
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The white man's burden : why the West's efforts to aid the rest have done so much ill and so little good
Alternative Names
Easterly, W. 1957-

Easterly, William.

Easterly, William 1957-

Easterly, William R.

Easterly, William R. 1957-

Easterly, William R. (William Russell), 1957-

Easterly William Russell

Easterly, William Russell 1957-

Russell Easterly, William 1957-

William Easterly American economist and author

William Easterly Amerikaans auteur

William Easterly amerikansk ekonom

William Easterly amerikansk økonom

William Easterly US-amerikanischer Ökonom

Истерли, Уильям

이스터리, 윌리엄

이스터리, 윌리엄 R

이스털리, 윌리엄

이스털리, 윌리엄 R

イースタリー, ウィリアム

Languages
English (316)

Spanish (11)

Italian (9)

Chinese (3)

Korean (3)

French (2)

Japanese (2)

Polish (1)

Dutch (1)

Czech (1)

Covers
The elusive quest for growth : economists' adventures and misadventures in the tropicsReinventing foreign aidWhat works in development? : thinking big and thinking smallAfrica's turn?The limits of stabilization : infrastructure, public deficits, and growth in Latin America