Prescription for a Successful Economy: The Standard Economic Model maps out a proven framework for socioeconomic progress that will enable any country to generate sufficient buying power for alleviating poverty, hunger, treatable diseases, and environmental degradation.
Author Luther Tweeten bases his prescription for both rich and poor countries on what works and not on ideology. He notes that chronic general poverty and hunger are not the products of meager world resources or greedy corporations, but of dysfunctional policies, institutions, and cultures. Dr. Tweeten's market-oriented model promotes economic equity as well as efficiency, and recognizes the critical role of institutions and culture in the process. He carefully defines and explains the standard model, shows gains available from reforming international trade and aid policy, recognizes the pivotal role of agriculture in development, and outlines the promise and pitfalls of coping with falling world population that will attend economic progress.
Here's what others say about Prescription for a Successful Economy:In this tour de force, Luther Tweeten outlines the essentials for a successful economy. The book goes far beyond the narrow prescriptions of the much-criticized "Washington Consensus" to cover key aspects of governance and equity as well as growth. -John Mellor, CEO, John Mellor Associates, and former Director General, International Food Policy Research Institute, Washington, DC
Luther Tweeten delivers what he promises: A prescription for increasing welfare through economic growth and appropriate policies and institutions. Prescription for a Successful Economy is a must read for students of economic development and public policy, policy advisors and policy makers, and others seeking a better understanding of what works in economic development and poverty alleviation. -Per Pinstrup-Andersen, H.E. Babcock Professor, Cornell University, and former Director General, International Food Policy Research Institute
