SOLUTION: Poor Economics a Radical Rethinking of The Way to Fight Global Poverty Summary

Attached. Please let me know if you have any questions or need revisions.Running Head: BOOK REVIEWFirst & Last Name: XXXStudent ID: XXXAuthor(s) First & Last Name(s): Abhijit V. Banerjee, Esther DufloTitle of the Book: Poor EconomicsYear of Publication: 2011Place of Publication: United States of AmericaPublisher: Poor economics: A radical rethinking of the way to Fight Global PovertyNumber of pages: 319Price (paperback): $ 20ISBN: 978-1-58648-798-01BOOK REVIEWPoor economics: A radical rethinking of the way to Fight Global Poverty2BOOK REVIEW3IntroductionThis paper is about reviewing the poor book economics: A radical rethinking of FightGlobal Poverty. Abhijit and Esther are the authors of the book. A single sentence can summarizeTheir work that states, we have to leave the habit of reducing poor people into cartoons butinstead we need to take a close look and time to try and understand the way they live and theproblems they experience. The book focuses on describing and analyzing how individuals livingbelow $2 a day survive or handle their daily needs and requirements. Based on the fact that thebook is about poor economics and the radical rethinking way of fighting global poverty, a reviewof the book poor economics will help identify the principles and methods of reducing globalpoverty.Intended AudienceSince the book is about economics and ways of doing away with poverty globally, thisbook’s target audience includes policymakers, economic researchers, different institutions, andspecialists whose work is focused on building the economy. The book is also intended forstudents and teachers. It helps them learn about the ever-changing economy and understand howpoverty can be eliminated in the world. Economic researchers and other interested audiences,like economic analysts, may benefit significantly from the book. Since business people areamong the drivers of the economy, this makes them one of the intended audiences for this book.Businessmen and women get to gain insights regarding institutional and financial strategiesnecessary to create wealth.Authors backgroundThe book Poor Economics was written by two authors, Abhijit Banerjee and EstherDuflo. Abhijit was born on February 21, 1961, in Mumbai, a city in India. The author is ofBOOK REVIEW4Indian origin, but he is an American economist who was awarded the Nobel prize for economicsin 2019 and Esther Duflo for helping in coming up with an approach of doing away with povertyin the world. The two authors often work together and focus on the specific problems thatcontribute to poverty and identifying the best solutions through conducting experiments on thelow- and middle-income countries. Banerjee studied economics at the University of Calcutta.From 1988 to 1992, Abhijit taught economics at Princeton University, where he shifted toHarvard from 1991 to 1993 before proceeding to Massachusetts institute of technology.Abhijit was appointed as the ford foundation international professor. Abhijit, togetherwith other economists, founded the Abdul Latif Jameel Poverty Action Lab (J-PAL). This was aresearch center whose work supported scientifically informed policy-making to reduce povertyin the world. Esther Duflo is the other author th…

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