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