E-book of the week: “Sovereign Debt Crises: What Have We Learned?”, ed. by J.P. Bohoslavsky and K. Raffer

“There is an obvious need to learn more about why some countries succeed and others fail when dealing with debt crises. Why do some sovereign debtors overcome economic problems very quickly and at minor human rights costs for their people, while others remain trapped by debts for years struggling with overwhelming debt burdens and exacerbating economic problems and human suffering? This book analyzes fourteen unique or singular country cases of sovereign debt problems that differ characteristically from the ‘ordinary’ debtor countries, and have not yet received enough or proper attention – some regarded as successful, some as unsuccessful in dealing with debt crises. The aim is to contribute to a better understanding of the policy options available to countries struggling with debt problems, or how to resolve a debt overhang while protecting human rights, the Rule of Law and the debtor’s economic recovery.”

https://doi.org/10.1017/9781108227001

Publisher: Cambridge University Press, 2017

Print version: 336.3 HEIA 120441

Illustration: book cover

Book of the week: “Too small to fail: why some small nations outperform larger ones and how they are reshaping the world”, by R. James Breiding

“Too Small to Fail analyzes how several successful ‘small’ countries, with populations under twenty million, have made a virtue out of their physical limitations. The book seeks to understand what it is they do differently, and why. What is their recipe for achieving better-educated, more egalitarian and wealthier populations? The book looks first at the forest and then the trees. It examines the characteristics shared by small countries, such as Switzerland, Ireland, Singapore, and the Scandinavian states. It draws parallels and discovers patterns shared among them that are common to each of their success stories. The book then looks at the policies of selected countries that have paved the way for remarkable improvements; and considers the individuals, corporations and institutions that have made a positive and sustainable impact. It further goes on to explain how these small countries are reshaping the World in a never before manner.”

Publisher: Harper Business, Uttar Pradesh (India), 2019
Call number: 303 HEIA 126707


Illustration: book cover.

Book of the week: “Poor economics: a radical rethinking of the way to fight global poverty”, by Esther Duflo and Abhijit Banerjee

The new recipients of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live.

“Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo answer these questions based on years of field research from around the world. This book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.”

Publisher: Noida: Random House India, 2011
Call Number: 337.2 HEIA 84548

Publisher: New York: PublicAffairs, 2011
Call Number: 337.2 HEIA 75424

French translation: Repenser la pauvreté
Editions du Seuil, 2012
Call Number: 337.2 HEIA 84811


Original illustration (cropped): Esther Duflo, Pop!Tech 2009, Camden, ME, by Kris Krüg, CC-By-SA 2.0