WorldCat Identities

Easterly, William 1957-

Works: 225 works in 1,000 publications in 10 languages and 16,712 library holdings
Genres: Case studies 
Roles: Author, Editor, Compiler, Other
Classifications: HC59.7, 338.911713
Publication Timeline
Most widely held works by William Easterly
The elusive quest for growth : economists' adventures and misadventures in the tropics by William Easterly( )

35 editions published between 2001 and 2003 in English and Spanish and held by 2,552 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 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 )

52 editions published between 2006 and 2015 in 10 languages and held by 2,468 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 tyranny of experts : economists, dictators, and the forgotten rights of the poor by William Easterly( Book )

33 editions published between 2013 and 2016 in 4 languages and held by 1,477 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
What works in development? : thinking big and thinking small by Jessica Cohen( )

19 editions published in 2009 in English and held by 1,314 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
Reinventing foreign aid by William Easterly( )

16 editions published between 2007 and 2016 in English and held by 1,284 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
The limits of stabilization : infrastructure, public deficits, and growth in Latin America by William Easterly( )

26 editions published between 2003 and 2013 in English and held by 1,011 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( )

26 editions published between 1991 and 1994 in English and Undetermined and held by 633 WorldCat member libraries worldwide

The economics of international development : foreign aid versus freedom for the world's poor by William Easterly( )

11 editions published in 2016 in English and held by 566 WorldCat member libraries worldwide

"Foreign aid and overseas military intervention have been important and controversial political topics for over a decade. The government's controversial target to spend 0.7 per cent of national income on foreign aid has been widely welcomed by some, but strongly criticised by others. Furthermore, the controversy of the Iraq war rumbles on, even today. This is all happening amongst much instability in many parts of the world. In this short book, a number of authors challenge the assumption that we can bring about economic development and promote liberal democracies through direct foreign intervention - whether economic or military intervention. The lead author, William Easterly, drawing on his wide experience at the World Bank and as an academic, is a renowned sceptic of intervention. He points out that solutions proposed now to the problem of poverty are identical to solutions proposed decades ago - but the plans of rich governments simply do not successfully transform poor countries. Academics Abigail Hall-Blanco and Christian Bjornskov add further context and put forward empirical evidence that backs up Easterly's argument. Syvlie Aboa-Bradwell draws upon her own practical experience to give examples of how people in poor countries can be assisted to promote their own development. This book is essential reading for students, teachers and all interested in better understanding how to help - and how not to help - the world's most disadvantaged peoples."--Back cover
Africa's turn? by Edward Miguel( Book )

3 editions published in 2009 in English and held by 409 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 379 WorldCat member libraries worldwide

Public goods and ethnic divisions by Alberto Alesina( )

22 editions published between 1997 and 1999 in English and Undetermined and held by 210 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
Inflation crises and long-run growth by Michael Bruno( )

23 editions published between 1995 and 1999 in English and Undetermined and held by 204 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 Soviet economic decline : historical and republican data by William Easterly( Book )

20 editions published between 1991 and 1994 in English and held by 125 WorldCat member libraries worldwide

What led to the relative Soviet decline was reliance on capital accumulation and a low elasticity of substitution between capital and labor. Planned economies are apparently less successful at replacing labor effort with capital. Tentative evidence indicates that the burden of defense spending also contributed to the Soviet debacle
Redistributive public employment by Alberto Alesina( Book )

12 editions published in 1998 in English and held by 121 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
Policy, technology adoption, and growth by William Easterly( Book )

16 editions published in 1994 in English and held by 117 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
Fiscal policy and economic growth : an empirical investigation by William Easterly( Book )

19 editions published between 1993 and 1994 in English and held by 112 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
Inflation's children : tales of crises that beget reforms by Michael Bruno( Book )

15 editions published in 1996 in English and held by 112 WorldCat member libraries worldwide

Are broad reforms the children of high inflation? Do growth recoveries follow? We find that countries that had external debt crises with high inflation both reformed more and recovered better than countries that had external debt crises with low inflation. Countries with extremely high inflation also later wound up with lower inflation than countries that has moderately high inflation. The low inflation debtor countries had more aid than the high inflation debtor countries, which may have created stronger incentives to reform in the high inflation countries. Recent reforms look like they are the children of high inflation, even if further paternity tests are in order
Inflation and the Poor by William Easterly( )

10 editions published between 1999 and 2000 in English and held by 106 WorldCat member libraries worldwide

May 2000 - The poor suffer more from inflation than the rich do, reveals this survey of poor people in 38 countries. Using polling data for 31,869 households in 38 countries and allowing for country effects, Easterly and Fischer show that the poor are more likely than the rich to mention inflation as a top national concern. This result survives several robustness checks. Also, direct measures of improvements in well-being for the poor - the change in their share of national income, the percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in pooled cross-country samples. High inflation tends to lower the share of the bottom quintile and the real minimum wage - and tends to increase poverty. This paper - a joint product of Macroeconomics and Growth, Development Research Group, and the International Monetary Fund - is part of a larger effort to study the effects of macroeconomic policies on growth and poverty
Can institutions resolve ethnic conflict? by William Easterly( )

13 editions published between 1999 and 2000 in English and Undetermined and held by 105 WorldCat member libraries worldwide

Ethnic diversity has a more adverse effect on economic policy and growth when a government's institutions are poor. But poor institutions have an even more adverse effect on growth and policy when ethnic diversity is high
The effect of International Monetary Fund and World Bank programs on poverty by William Easterly( )

11 editions published between 1999 and 2001 in English and Undetermined and held by 104 WorldCat member libraries worldwide

January 2001 There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate. Structural adjustment--as measured by the number of adjustment loans from the IMF and World Bank--reduces the growth elasticity of poverty reduction. Easterly finds no evidence for structural adjustment having a direct effect on growth. The poor benefit less from output expansion in countries with many adjustment loans than they do in countries with few such loans. By the same token, the poor suffer less from an output contraction in countries with many adjustment loans than in countries with few. Why would this be? One hypothesis is that adjustment lending is countercyclical in ways that smooth consumption for the poor. There is evidence that some policy variables under adjustment lending are countercyclical, but no evidence that the cyclical component of those policy variables affects poverty. Easterly speculates that the poor may be ill placed to take advantage of new opportunities created by structural adjustment reforms, just as they may suffer less from the loss of old opportunities in sectors that were artificially protected before reform. Poverty's lower sensitivity to growth under adjustment lending is bad news when an economy expands and good news when it contracts. These results could be interpreted as giving support to either the critics or the supporters of structural adjustment programs. This paper--a product of Macroeconomics and Growth, Development Research Group--is part of a larger effort in the group to understand the effect of growth on poverty. The author may be contacted at
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The elusive quest for growth : economists' adventures and misadventures in the tropics
The white man's burden : why the West's efforts to aid the rest have done so much ill and so little goodWhat works in development? : thinking big and thinking smallReinventing foreign aidThe limits of stabilization : infrastructure, public deficits, and growth in Latin AmericaAfrica's turn?
Alternative Names
Easterly, W. 1957-

Easterly, William.

Easterly, William 1957-

Easterly, William R.

Easterly, William R. 1957-

Easterly, William R. 1957- (William Russell)

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

Истерли, Уильям, 1957-

이스터리, 윌리엄

이스터리, 윌리엄 R

이스털리, 윌리엄

이스털리, 윌리엄 R

イースタリー, ウィリアム

English (356)

Spanish (10)

Italian (9)

Chinese (3)

Korean (3)

French (2)

Japanese (2)

Polish (1)

Dutch (1)

Czech (1)