Here are 100 books that Gambling on Development fans have personally recommended if you like
Gambling on Development.
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I am an academic at the University of Oxford who specializes in international political economy, so I study this topic for a living! I am particularly interested in the politics of international cooperation and economic development. Growing up, I traveled extensively in developing countries across Asia and Africa, which inspired in me a deep curiosity about the determinants of sustained economic growth. I also spent much time in Geneva, where my father frequently worked with United Nations agencies. His anecdotes about these institutions each evening made me wonder what caused some of them to perform effectively and others to perform poorly—and how they could be improved.
I have long believed that development economists rely too heavily on reductive formal models that ignore on-the-ground realities and are backed by scant empirical evidence. This book makes a compelling case for observation—particularly in the form of randomized controlled trials that approximate scientific experiments “in the field.”
I admire its rigorous use of the scientific method to critique theoretical approaches that draw much of their legitimacy and influence from technical sophistication and abstraction.
Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics , Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the Wall Street Journal called marvellous, rewarding," the authors tell how the stress of living on less than 99 cents per day encourages the poor to make questionable decisions that feed,not fight,poverty. The result is a radical rethinking of the economics of poverty that offers a ringside view of the lives of…
I advise private and public sector clients on the unlocking of value from public assets.
After a few years in investment banking in Asia and Europe, I was asked to lead the comprehensive restructuring of Sweden’s USD70bn national portfolio of commercial assets—the first attempt by a European government to systematically address the ownership and management of government enterprises and real estate. This experience has allowed me to work in over thirty countries and serve as a Non-Executive Director. Ultimately sharing the collective experience in two books written together with Stefan Fölster—The Public Wealth of Nations—which was awarded The Economist and Financial Time’s best book of the year, as well as The Public Wealth of Cities.
Would you rather that your local football team or even the national team was selected through family ties or political connections? How did meritocracy—the idea that people should be advanced according to their talents rather than their birth—become the world's ruling ideology? Why is meritocracy now under attack from both right and left? Adrian Wooldridge shows what transformative effects it has had everywhere it has been adopted, especially once women were brought into the meritocratic system. He also shows how meritocracy has now become corrupted and argues that the recent stalling of social mobility is the result of the failure to complete the meritocratic revolution. Rather than abandoning meritocracy, he says, we should call for its renewal.
'This unique and fascinating history explains why the blame now being piled upon meritocracy for many social ills is misplaced-and that assigning responsibilities to the people best able to discharge them really is better than the time-honoured customs of corruption, patronage, nepotism and hereditary castes. Wooldridge upends many common assumptions and provides an indispensable back story to this fraught and pressing issue.' Steven Pinker
'The Aristocracy of Talent provides an important and needed corrective to contemporary critiques of meritocracy. It puts meritocracy in an illuminating historical and cross-cultural perspective that shows how crucial the…
I advise private and public sector clients on the unlocking of value from public assets.
After a few years in investment banking in Asia and Europe, I was asked to lead the comprehensive restructuring of Sweden’s USD70bn national portfolio of commercial assets—the first attempt by a European government to systematically address the ownership and management of government enterprises and real estate. This experience has allowed me to work in over thirty countries and serve as a Non-Executive Director. Ultimately sharing the collective experience in two books written together with Stefan Fölster—The Public Wealth of Nations—which was awarded The Economist and Financial Time’s best book of the year, as well as The Public Wealth of Cities.
A thousand years ago, a traveller to Baghdad, Constantinople, or China would find vast and flourishing cities of broad streets, spacious gardens, and sophisticated urban amenities; meanwhile, Paris, Rome, and London were cramped and unhygienic collections of villages. Europe was then a backwater. How, then, did it rise to world pre-eminence over the next several centuries? Having experienced China and its epic growth since being in Student in Shanghai in the early 1980s and then later as a banker, it seems there could be something to learn from history. Daly avoids the twin dangers of Eurocentrism and anti-Westernism, strongly emphasizing the contributions of other cultures of the world, as well as the vibrant and internal competition among cities and nations of Europe.
One thousand years ago, a traveler to Baghdad or the Chinese capital Kaifeng would have discovered a vast and flourishing city of broad streets, spacious gardens, and sophisticated urban amenities; meanwhile, Paris, Rome, and London were cramped and unhygienic collections of villages, and Europe was a backwater. How, then, did it rise to world preeminence over the next several centuries? This is the central historical conundrum of modern times.
How Europe Made the Modern World draws upon the latest scholarship dealing with the various aspects of the West's divergence, including geography, demography, technology, culture, institutions, science and economics. It avoids…
I advise private and public sector clients on the unlocking of value from public assets.
After a few years in investment banking in Asia and Europe, I was asked to lead the comprehensive restructuring of Sweden’s USD70bn national portfolio of commercial assets—the first attempt by a European government to systematically address the ownership and management of government enterprises and real estate. This experience has allowed me to work in over thirty countries and serve as a Non-Executive Director. Ultimately sharing the collective experience in two books written together with Stefan Fölster—The Public Wealth of Nations—which was awarded The Economist and Financial Time’s best book of the year, as well as The Public Wealth of Cities.
Governments' Ridiculous Budget and Pension Accounting "Would make Enron blush" Bill Gates once said. Having worked with balance sheets in both the private and public sectors, I bear witness to the sad fact that governments all over the world are obsessed with a focus on cash. They do not even have the faintest interest in learning from what has created wealth in the private sector, adopting proper accounting in order to meet the multitude of challenges facing our society.
Jacob Soll presents a sweeping history of accounting, drawing on a wealth of examples from over a millennium of human history to reveal how accounting has shaped kingdoms, empires, and entire civilizations. Perhaps we can learn some rather old lessons from this surprisingly exciting history of accountancy. Or pay the price of our own ignorance.
In The Reckoning, award-winning historian Jacob Soll shows how the use and misuse of financial bookkeeping has determined the fates of entire societies. Time and again, Soll reveals, good and honest accounting has been a tool to build successful companies, states and empires. Yet when it is neglected or falls into the wrong hands, accounting has contributed to cycles of destruction that continue to this day. Combining rigorous scholarship and fresh storytelling, The Reckoning traces the surprisingly powerful influence of accounting on financial and political stability, from the powerful Medici bank in the 14th century Italy to the 2008 financial…
As Nobel prize-winning economist Robert Lucas put it, "Once you start thinking about economic growth, it's hard to think about anything else." That's why I am eager to share the best books on economic development with you! I am a Senior Economist at the World Bank, the world's premier development institution. Over the years, I have developed a deep interest in what makes countries prosper, have published extensively on the topic in academic journals, and earned a PhD in Economics along the way. As a development practitioner, I have been supporting sustainable growth across the globe, with working experience in the Caribbean, Africa, and the Pacific.
After the fall of the Berlin Wall and the collapse of the Soviet Union, the 1990s saw the model of democratic capitalism prevail. Thirty years later, democracy is being questioned, and capitalism has been threatened by growing inequality.
Martin Wolf’s book provides a deep study of the underlying causes of this worrying development, something I very much appreciate. For all its flaws, Wolf argues that democratic capitalism remains the most promising economic model to provide individual freedom and shared prosperity, but it will require a revisiting of the concept of citizenship to foster a shared belief in the common good.
From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic
Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States…
As Nobel prize-winning economist Robert Lucas put it, "Once you start thinking about economic growth, it's hard to think about anything else." That's why I am eager to share the best books on economic development with you! I am a Senior Economist at the World Bank, the world's premier development institution. Over the years, I have developed a deep interest in what makes countries prosper, have published extensively on the topic in academic journals, and earned a PhD in Economics along the way. As a development practitioner, I have been supporting sustainable growth across the globe, with working experience in the Caribbean, Africa, and the Pacific.
In a captivating journey from the dawn of human existence to the present, Oded Galor offers a fascinating tale of why some nations have developed while others haven't.
The book explains how technology, family size, and adaptation led to a profound change in human history, with the Industrial Revolution as the turning point. The fundamental forces driving the explosion of per capita prosperity (in some nations) can be traced back to sound political institutions, conducive cultural traits, and an 'optimal' ethnic diversity that followed from the dispersal of modern humans out of Africa some 70,000 years ago.
I was struck by how the author brought together a wide variety of research on growth and development in a coherent framework.
This breakthrough scientific masterwork - and INTERNATIONAL BESTSELLER - reveals the underlying forces that have shaped human history and will secure our future...
'Masterful. Galor answers the ultimate mystery' Lewis Dartnell
The stunning advances that have transformed human experience in recent centuries are no accident of history - they are the result of universal and timeless forces, operating since the dawn of our species. Drawing on a lifetime's scientific investigation, Oded Galor's ground-breaking new vision overturns a host of long-held assumptions to reveal the deeper causes that have shaped the journey of humanity:
Education rather than industrialisation Family size and…
As Nobel prize-winning economist Robert Lucas put it, "Once you start thinking about economic growth, it's hard to think about anything else." That's why I am eager to share the best books on economic development with you! I am a Senior Economist at the World Bank, the world's premier development institution. Over the years, I have developed a deep interest in what makes countries prosper, have published extensively on the topic in academic journals, and earned a PhD in Economics along the way. As a development practitioner, I have been supporting sustainable growth across the globe, with working experience in the Caribbean, Africa, and the Pacific.
I found this book to be a brilliant analysis of how nations can achieve peace and development, stressing the importance of political institutions.
With mathematical precision, quite literally, the book nicely illustrates the fundamental drivers of development: inclusive political institutions and a shared belief in the common good. The absence of those elements can explain the existence of very different development clusters in fragile states that are troubled by poverty, violence, and weak state capacity.
I feel the book does an excellent job of disentangling deeper causes from symptoms of underdevelopment.
"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters - places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes.…
I am an anthropologist of development who has conducted ethnographic research in India, Indonesia, and more recently, Australia. Throughout my career I have grappled with questions of how power works in development, particularly in and through processes of self-making. I seek new theoretical tools to examine these questions, but always grounded in the realities of the everyday. I came of age when post-development critiques were dominant, but both my idealism and cynicism have been tempered by working alongside local development actors. In my work I try to give readers a sympathetic portrait of their lives, beliefs, and hopes, and how these shape practices, relationships, and consequences of ‘development’.
This book changed everything I thought I knew about development.
It makes the compelling case that the project of international development creates the condition of ‘underdevelopment’.
Drawing on key thinkers of the time, Edward Said and Michel Foucault, Escobar shows how development as a domain of thought and action produces the ‘third world’ as a site for intervention by former colonial powers, thereby continuing the imperial project.
As someone familiar with local development, I (and others), don’t share his faith in grassroots organisations as a solution, but find his analytical tools critical in interrogating how they work.
And as a bonus, Escobar offers a pointy critique of anthropologists’ complicity in development as an imperial project.
How did the industrialized nations of North America and Europe come to be seen as the appropriate models for post-World War II societies in Asia, Africa, and Latin America? How did the postwar discourse on development actually create the so-called Third World? And what will happen when development ideology collapses? To answer these questions, Arturo Escobar shows how development policies became mechanisms of control that were just as pervasive and effective as their colonial counterparts. The development apparatus generated categories powerful enough to shape the thinking even of its occasional critics while poverty and hunger became widespread. "Development" was not…
After finishing my secondary education in Athens I got a degree in business administration at the University of Genova. The idea was to return to Greece to work in my father’s business. But I soon realized that I was neither interested in business theory nor going back to Greece to work in my father's organization. I decided to continue my studies in England focusing on the social sciences – first at Leicester University and then at the London School of Economics. After retiring I continued to write books and articles in Greek, English, and French. I have passion for reading and writing. It helps me psychologically as well to survive in a postmodern chaotic world.
Roxborough’s work helped me to understand better the structure and development of peripheral and semiperipheral societies.
It was particularly useful to me as a part of my work has to do with the study Latin American and Balkan Societies. I personally recommend the book very strongly. It was an excellent guide for those interested in the sociology of development and underdevelopment.
Focusing on the effects of imperialism on class structures in Third World societies, Roxborough provides a historical explanation of the similarities and differences between these societies.
As an author, I write both serious nonfiction and literary fiction. As a journalist, I have lifelong associations with The Atlanticand the Washington Monthly.I didn’t plan it, but four of my nonfiction books make an extended argument for the revival of optimism as intellectually respectable. A Moment on the Earth(1995) argued environmental trends other than greenhouse gases actually are positive, The Progress Paradox(2003) asserted material standards will keep rising but that won’t make people any happier, Sonic Boom (2009), published during the despair of the Great Recession, said the global economy would bounce back and It’s Better Than It Looks (2018) found the situation objectivity good on most major issues.
Maybe you think Asia and Africa are mired in depressing immiseration. Certainly that’s what the mainstream media sell us. Yet in the last 25 years more progress has been made against poverty in these places than in all of previous human history combined! Radelet, a professor at Georgetown University, shows that the improvement – still a long way to go, of course – of the developing world is the most important thing happening in our spinning world.
The untold story of the global poor: "Powerful, lucid, and revelatory, The Great Surge...offers indispensable prescriptions about sustaining global economic progress into the future" (George Soros, chairman of Soros Fund Management).
We live today at a time of great progress for the global poor. Never before have so many people, in so many developing countries, made so much progress, in so short a time in reducing poverty, increasing incomes, improving health, reducing conflict and war, and spreading democracy.
Most people believe the opposite: that with a few exceptions like China and India, the majority of developing countries are hopelessly mired…
