Immiserizing Growth

Description

Immiserizing growth occurs when growth fails to benefit, or harms, those at the bottom. It is not a new concept, appearing in some of the towering figures of the classical tradition of political economy including Malthus, Ricardo, and Marx. It is also not empirically insignificant, occurring in between 10% and 35% of cases. In spite of this, it has not received its due attention in the academic literature, dominated by the prevailing narrative that 'growth is good for the poor'. Immiserizing Growth: When Growth Fails the Poorchallenges this view to arrive at a better understanding of when, why, and how growth fails the poor.

Taking a diverse disciplinary perspective, Immiserizing Growth combines discussion of mechanisms of this troubling economic phenomenon with empirical data on trends in growth, poverty, and related welfare indicators. It draws on political economy, applied social anthropology, and development studies, including contributions from experts in these fields. A number of methodological approaches are represented including statistical analysis of household survey and cross-country data, detailed ethnographic work and case study analysis drawing on secondary data. Geographical coverage is wide including Bolivia, the Dominican Republic, Ecuador, India, Indonesia, Mexico, Nigeria, the People's Republic of China, Singapore, and South Korea, in addition to cross-country analysis.

This volume is the first full-length treatment of immiserizing growth, and constitutes an important step in redirecting attention to this major challenge.

About the Editors

Paul Shaffer is an Associate Professor of International Development Studies, at Trent University, Canada. His work focuses on poverty in the Global South on which he has published widely. He is the author of Q-Squared: Combining Qualitative and Quantitative Approaches in Poverty Analysis (2013).

Ravi Kanbur has published in the leading economics journals, including Journal of Political Economy, American Economic Review, Review of Economic Studies, Journal of Economic Theory and Economic Journal. He has also served on the senior staff of the World Bank including as Chief Economist for Africa. He is President of the Human Development and Capabilities Association, Chair of the Board of United Nations University-World Institute for Development Economics Research, Co-Chair of the Scientific Council of the International Panel on Social Progress, member of the OECD High Level Expert Group on the Measurement of Economic Performance, Past-President of the Society for the Study of Economic Inequality, past member of the High Level Advisory Council of the Climate Justice Dialogue, and past-member of the Core Group of the Commission on Global Poverty.

Richard Sandbrook is Professor Emeritus of Political Science at the University of Toronto. His current research focuses on the Left's experience in the Global South and on counter-hegemonic globalization. He has taught in Kenya as well as Canada and has been a visiting research fellow at the IDS, Sussex and the Centre for Development Research in Copenhagen. He has conducted field work mainly in Africa. He has published more than 50 scholarly articles and 12 books, including most recently Reinventing the Left in the Global South: The Politics of the Possible (2014), Civilizing Globalization: A Survival Guide{2014), and Social Democracy in the Global Periphery: Origins, Challenges, Prospects(2007).

Contributors:

Murat Arsel, Erasmus University, Rotterdam and Universidad San Francisco de Quito, Ecuador
Rasaki Stephen Dauda, Redeemer's University, Nigeria
Vidya Diwakar, Chronic Poverty Advisory Network
John Donaldson, Singapore Management University, Singapore
Ravi Kanbur, Cornell University
Kyunghoon Kim, King's College London, UK
Carlos F. Mena, Universidad San Francisco de Quito, Ecuador
Andy McKay, University of Sussex, UK
Lorenzo Pellegrini, Erasmus University, Netherlands, and the University San Francisco of Quito, Ecuador
Richard Sandbrook, University of Toronto, Canada
Kunal Sen, University of Manchester, UK
Paul Shaffer, Trent University, Canada
Andrew Shepherd, Chronic Poverty Advisory Network. Overseas Development Institute, UK
Judith Teichman, University of Toronto, Canada
Benjamin Liu, Singapore Management University, Singapore
Andy Sumner, King's College London, UK
Anjana Thampi, Jawaharlal Nehru University, India
Dr. Shang-Jin Wei, Columbia University, UK
Yeo Si Yuan, Graduate Institute of International and Development Studies, Switzerland
Arief Anshory Yusuf, Padjadjaran University, Indonesia 
Xiaobo Zhang, Peking University, China

Table of contents

Part I: Introduction and Overview 
1. Introduction, Paul Shaffer, Ravi Kanbur, and Richard Sandbrook
2. Immiserizing Growth: An Overview, Paul Shaffer
Part II: Political Economy and Politics 
3. The Politics of Immiserizing Growth: Mexico in Comparative Perspective, Judith Teichman
4. Political Settlements and Immiserizing Growth Episodes, Kunal Sen
5. Exploring the Causes of Immiserizing Growth: A Comparison of Pathways, Benjamin Liu, Siyuan Yeo, and John A. Donaldson
Part III: Case Studies 
6. Richer but Not Happier: Four Areas of Reforms in the Next Phase of Development in China, Shang-Jin Wei and Xiaobo Zhang
7. Immiserizing Growth and Poverty Dynamics: An Assessment of Twelve Indian States, Vidya Diwakar, Andy McKay, and Andrew Shepherd
8. Has the Economy left the Children Behind? Nutritional Immiserization in India, Anjana Thampi
9. Maria's Paradox: Oil Extraction and the Misery of Missing Development Alternatives in the Ecuadorian Amazon, Murat Arsel, Lorenzo Pellegrini, and Carlos Mena
10. Is Structural Transformation-led Economic Growth Immiserizing or Inclusive? The Case of Indonesia, Kyunghoon Kim, Andy Sumner, and Arief Anshory Yusuf
11. The Paradox of Persistent Poverty amidst High Growth: The Case of Nigeria, Rasaki Stephen Dauda