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Work in positive psychology decomposes hope into aspirations, agency, and pathways. Operating in the context of an economic model developed with this framework, we review the literature on hope from philosophy, theology, psychology, and its relationship to emerging work on aspirations in development economics. We then present one-month follow-up results from an experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our early experimental results suggest that the intervention raised aspirations approximately a quarter of a standard deviation, significantly raised a hope index among the treated subjects, and had positive but statistically insignificant results on enterprise revenues and profits.
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"Essentials of Development Economics represents an alternative approach to traditional development economics textbooks, written to provide students with the critical tools used in today's development economics research and practice. Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. Each chapter concludes with an embedded QR code that connects readers to ancillary audiovisual materials and supplemental readings on a website curated by the authors. By mastering the material in this book, students will have the conceptual grounding needed to move on to higher-level development economics courses."--Provided by publisher.
Developing countries: economic development problems --- Development economics --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Resource curse --- Developing countries --- Economic policy. --- E-books --- Development economics. --- Economic development. --- Developing countries - Economic policy
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Written to provide students with the critical tools and approaches used by development economists, Essentials of Development Economics represents an alternative approach to traditional textbooks on the subject. Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. By mastering the material in this time-tested book, students will have the conceptual grounding needed to move on to more advanced development economics courses. This new edition includes: updated references to international development policy process and goals substantial updates to several chapters with new and revised material to make the text both current and policy relevant replacement of several special features with new ones featuring widely cited studies.
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Written to provide students with the critical tools and approaches used by development economists, Essentials of Development Economics represents an alternative approach to traditional textbooks on the subject. Compact and less expensive than other textbooks for undergraduate development economics courses, Essentials of Development Economics offers a broad overview of key topics and methods in the field. Its fourteen easy-to-read chapters introduce cutting-edge research and present best practices and state-of-the-art methods. By mastering the material in this time-tested book, students will have the conceptual grounding needed to move on to more advanced development economics courses. This new edition includes: updated references to international development policy process and goalssubstantial updates to several chapters with new and revised material to make the text both current and policy relevantreplacement of several special features with new ones featuring widely cited studies
Development economics. --- Developing countries --- Economic policy.
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Work in positive psychology decomposes hope into aspirations, agency, and pathways. Operating in the context of an economic model developed with this framework, we review the literature on hope from philosophy, theology, psychology, and its relationship to emerging work on aspirations in development economics. We then present one-month follow-up results from an experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our early experimental results suggest that the intervention raised aspirations approximately a quarter of a standard deviation, significantly raised a hope index among the treated subjects, and had positive but statistically insignificant results on enterprise revenues and profits.
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Utilizing a multi-year, spatially diversified randomized controlled trial spanning two African countries, this paper explores whether bundled genetic and financial technologies can boost the resilience and productivity of small-scale farmers who are exposed to significant risk. The analysis shows that both moderate droughts and more severe yield losses undermine the resilience of control group households, and that these shocks have long-lasting effects as they decapitalize households who invest less in years following these shocks. Severe yield shocks also increase hunger and food insecurity. The genetic technology-- drought tolerant seeds--provides significant protection against moderate drought events and mitigates the long-term drop in farm productivity seen in the control group. The financial technology--satellite-based index insurance--offsets the long-term consequences of severe yield losses that are not mitigated by the drought tolerant seeds. Finally, the analysis shows that farmers who experienced shocks and saw both technologies in action subsequently increase their agricultural investment at both the extensive and intensive margins. The technologies thus not only allow farmers to return to their pre-shock positions, but also allow them to move toward higher expected incomes. Unfortunately, this apparent experiential learning cuts both ways. Farmers who did not experience the efficacy of the risk management technologies backed away from using them in the following season. Our findings thus showcase important complementarities between genetic and financial risk mitigating technologies as well as the challenge of inducing sustained uptake of technologies that only occasionally reveal their benefits.
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This paper explores the idea that competitive seed systems may underserve farmers in small, agro-ecological niches, leaving those farmers less productive and poorer than they need be. We develop a theoretical model of the confluence of demand and supply factors that can result in such an equilibrium. We then empirically study the disruption of the maize seed market in Western Kenya that took place when public sector foundation breeding and social impact investment capital together allowed a local seed company to expand and target the area with adaptively-bred maize varieties. A three-year RCT reveals that these seed varieties increased farmer yields and revenues, both for better-resourced farmers (who used non-adapted hybrids and fertilizer prior to the intervention) as well less well-resourced farmers (who did not). This theoretical and empirical evidence suggests news ways for thinking about seeds systems in areas typified by high levels of agro-ecological heterogeneity.
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