Author: W. Arthur Lewis

Synopsis by Faisal Quaiyyum Inan

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Price Range:
BDT 500 - BDT 6000

Synopsis:

The Theory of Economic Growth, a book by the pioneer of Development Economics, Sir Arthur Lewis, mainly focuses on the output and growth of an economy in accordance with the role of economic knowledge, institutions, capital, population, resources, and government in economic development. This book is a mixture of various disciplines such as economics, history, sociology, politics, and anthropology. 

This book is thought of as one of the most notable books for building the foundational stages of development economics principles. Educational Supplement states, "...it is as good a book as its most obvious predecessors in the genre: Smith's Wealth of Nations and Marshall's Industry and the Trade." 

Author: Abhijit V. Banarjee & Esther Duflo

Synopsis by Faisal Quaiyyum Inan

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Price Range:
BDT 120 - BDT 1200

Synopsis:
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Poor Economics, one of the most extraordinary pieces of literature in the development and microeconomics written by the Nobel laureates economist couple, is a showcase of eight years of field studies on different poverty issues in developing countries. It is a praiseworthy fact that both the authors have broken some stereotypes regarding the problems of poverty with such strong evidence, even though many can argue that many development practitioners already know these facts. However, nobody before them could establish these theories and facts with such robust evidence. Nonetheless, they have contributed a lot to change the views and approaches of how poverty is usually dealt with.

Synopsis by Nowshin Rahman

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Price range:
​BDT 300 - BDT 4000

Synopsis:
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Published by Adam Smith, a Scottish philosopher and founder of economics, The Wealth of Nations has been described as the most impactful book on the blooming industrialized capitalist system. Throughout this book, Smith established the idea of the “invisible hand,” which he had introduced earlier in his book The Theory of Moral Sentiments. This book reflected how the author did not support the government’s interference in market activities; instead, he expected the government to provide protection, laws, and public services. 

Author: Amartya Sen

Synopsis by Chowdhury Nabila Tasnim

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Price Range:
BDT 400 - BDT 4000

Synopsis:
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In his first book after winning the Nobel prize, Amartya Sen dissects how freedom means increasing citizens' access and opportunities to the things they have reason to value, and how true development lies with increasing the level of freedom rather than a larger paycheck. Sen challenges the mainstream concept of measuring development by economic growth. 

Dr. Sen proposes a more aggressive, humane, and generous funding formula to benefit the world’s poorest nations. This goal is based on his theory about individual capabilities and functioning, and how they affect opportunity, both person by person and in society.