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Full Description
Immiserizing growth occurs when growth fails to benefit, or harms, those at the bottom. It is not a new concept, appearing in some of the towering figures of the classical tradition of political economy including Malthus, Ricardo, and Marx. It is also not empirically insignificant, occurring in between 10% and 35% of cases. In spite of this, it has not received its due attention in the academic literature, dominated by the prevailing narrative that 'growth is good for the poor'. Immiserizing Growth: When Growth Fails the Poor challenges this view to arrive at a better understanding of when, why, and how growth fails the poor.
Taking a diverse disciplinary perspective, Immiserizing Growth combines discussion of mechanisms of this troubling economic phenomenon with empirical data on trends in growth, poverty, and related welfare indicators. It draws on political economy, applied social anthropology, and development studies, including contributions from experts in these fields. A number of methodological approaches are represented including statistical analysis of household survey and cross-country data, detailed ethnographic work and case study analysis drawing on secondary data. Geographical coverage is wide including Bolivia, the Dominican Republic, Ecuador, India, Indonesia, Mexico, Nigeria, the People's Republic of China, Singapore, and South Korea, in addition to cross-country analysis.
This volume is the first full-length treatment of immiserizing growth, and constitutes an important step in redirecting attention to this major challenge.
Contents
Part I: Introduction and Overview
1: Paul Shaffer, Ravi Kanbur, and Richard Sandbrook: Introduction
2: Paul Shaffer: Immiserizing Growth: An Overview
Part II: Political Economy and Politics
3: Judith Teichman: The Politics of Immiserizing Growth: Mexico in Comparative Perspective
4: Kunal Sen: Political Settlements and Immiserizing Growth Episodes
5: Benjamin Liu, Siyuan Yeo, and John A. Donaldson: Exploring the Causes of Immiserizing Growth: A Comparison of Pathways
Part III: Case Studies
6: Shang-Jin Wei and Xiaobo Zhang: Richer but Not Happier: Four Areas of Reforms in the Next Phase of Development in China
7: Vidya Diwakar, Andy McKay, and Andrew Shepherd: Immiserizing Growth and Poverty Dynamics: An Assessment of Twelve Indian States
8: Anjana Thampi: Has the Economy left the Children Behind? Nutritional Immiserization in India
9: Murat Arsel, Lorenzo Pellegrini, and Carlos Mena: Maria's Paradox: Oil Extraction and the Misery of Missing Development Alternatives in the Ecuadorian Amazon
10: Kyunghoon Kim, Andy Sumner, and Arief Anshory Yusuf: Is Structural Transformation-led Economic Growth Immiserizing or Inclusive? The Case of Indonesia
11: Rasaki Stephen Dauda: The Paradox of Persistent Poverty amidst High Growth: The Case of Nigeria
