Working Hard, Working Poor: A Global Journey
"Gary Fields shows us the lives of the poor in developing countries and explains why so many are condemned to a life of hardship, no matter how hard they work. He also distills some of what's worked around the world and shows that solutions are possible." --Joseph E. Stiglitz, Nobel Laureate in Economics, 2001"Working Hard, Working Pooraddresses the world's greatest economic problem. Even in this time of cell phones, international e-mail and globalization more generally, a full half of the world's population has less than $2.50 per day in purchasing power. There is not enough wage employment for those who want to work. Gary Fields, with great sensitivity, puts us in their shoes (insofar as they have them) and shows how we can increase and improve employment to alleviate their suffering. We all have a moral responsibility to read and to understand his message."--George Akerlof, Nobel Laureate in Economics, 2001"The labor market plays a number of key roles in determining whether the development process in any country makes good use of its human capital and successfully reduces poverty and inequality. It is strange therefore that insufficient attention is paid to these labor market dynamics in contemporary development economics. Gary Fields' contribution could not be more timely. His lens is the labor market but he crisscrosses many of the main issues in development economics--such as growth and poverty reduction, globalization, trade versus aid and credit market failures--in order to distill key labor market issues and policy options facing any developing economy today."--Murray Leibbrandt, Professor of Economics and Director, Southern Africa Labour and Development Research Unit, University of Cape Town"This volume gives us in intelligent layman's language, the author's analytical and empirical findings accumulated over decades of persistent hard work. Gary Fields has gotten his hands dirty up to his elbows, but he never loses sight of the forest. The book should be of interest to a wide audience."--Gustav Ranis, Frank Altschul Professor Emeritus of International Economics, Yale University