Helping the Poor – Development Economics

A graduate of the School for International Training, development economist Philip H. Brown dedicated his life to helping poor people while working in a camp for Rwandan refugees. Due in part to his time spent in a conflict-stricken area of Tanzania, Philip H. Brown decided to focus his research on poverty, instead of wealth, as a development economist.

First, there is no one school of thought for development economists to follow. Because each situation comes with its own set of conditions that contribute to economic progress or decline, every situation must be evaluated independently. The one constant is the idea that economics is about more than just money.

Second, development economists are concerned not with studying wealth but with studying and enacting real-world efforts to improve the lives of disadvantaged people. This means that instead of focusing solely on the economy of a country or area, larger factors such as societal structures that reinforce or disrupt the norm and political policies are considered.

Advertisements