The Power of Productivity
Subtitle: Wealth, Poverty, and the Threat to Global Stability
Publisher: University Of Chicago Press
Published: April 16, 2004
Language: eng
Format: Hardcover
Number of pages: 370
ISBN-13: 9780226476766
Subjects: Globalization; Industry & Industrial Studies; General; Competition, International; Business & Economics; Business / Economics / Finance; Investments, Foreign; Business/Economics; International - General; Industrial productivity; Industries - General; Business & Economics / Industries; Consumption (Economics); Economic policy
Description: The disparity between rich and poor countries is the most serious, intractable problem facing the world today. The chronic poverty of many nations affects more than the citizens and economies of those nations; it threatens global stability as the pressures of immigration become unsustainable and rogue nations seek power and influence through extreme political and terrorist acts. To address this tenacious poverty, a vast array of international institutions has pumped billions of dollars into these nations in recent decades, yet despite this infusion of capital and attention, roughly five billion of the world's six billion people continue to live in poor countries. What isn't working? And how can we fix it? This book provides answers to these questions.