Over the last century, global poverty has largely been viewed as a technical problem that merely requires the right "expert" solutions. Yet all too often, experts recommend solutions that fix immediate problems without addressing the systemic political factors that created them in the first...

Intro -- Contents -- Acknowledgments -- Preface to the Paperback Edition -- Prologue: The Quest -- I - Why Growth Matters -- 1 - To Help the Poor -- Intermezzo: In Search of a River -- II - Panaceas That Failed -- 2 - Aid for Investment -- Intermezzo: Parmila -- 3 - Solow's Surprise: Investment...

August 1995 - Problems associated with Sub-Saharan Africa's slow growth are low school attainment, political instability, poorly developed financial systems, large black-market exchange-rate premia, large government deficits, and inadequate infrastructure. Improving policies alone boosts growth...