Who authored the book "The Challenge of World Poverty"?

Question

UnlockIAS · Accepted Answer

Correct — B, Gunnar Myrdal. The Swedish economist Gunnar Myrdal wrote 'The Challenge of World Poverty: A World Anti-Poverty Program in Outline' (1970), a condensed, policy-focused sequel to his monumental three-volume study 'Asian Drama: An Inquiry into the Poverty of Nations' (1968). Myrdal went on to share the 1974 Nobel Memorial Prize in Economics.

Why the other options are wrong — (a) Indian Nobel laureate (1998), but he wrote 'Poverty and Famines' and 'Development as Freedom' — not 'The Challenge of World Poverty'.  (c) Belgian-born Indian economist who co-authored 'Hunger and Public Action' and 'An Uncertain Glory' with Amartya Sen — not this book.  (d) The 18th-century founder of classical economics; his major work is 'The Wealth of Nations' (1776), not a study of modern world poverty.

Concept: Gunnar Myrdal (1898-1987) was a Swedish economist and a founder of development economics. In 'Asian Drama' (1968) and its shorter companion 'The Challenge of World Poverty' (1970) he analysed why South Asian nations stayed poor, coining the idea of the 'soft state' — governments unable to enforce policy. He shared the 1974 Nobel Prize in Economics with Friedrich Hayek.

State PCS 2023 Q9 — Economy PYQ with Answer

State PCS 2023 Q9 — Economy PYQ with Answer