Economic Development

Economic Development : Theory and Practice for a Divided World

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For introductory courses in Economic Development.Using case studies and real-world situations to convey the controversy in the field of economic development, this important new text strives to teach students the relevant issues facing developing countries today. It presents contemporary coverage of key development topics such as trade and capital flows, human capital, technology, environment, and population growth, providing both an historical perspective to development as well as a fresh, current outlook.
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Product details

  • Hardback | 550 pages
  • 195.6 x 233.7 x 30.5mm | 907.2g
  • Pearson
  • Upper Saddle River, NJ, United States
  • English
  • 0130141615
  • 9780130141613

Back cover copy

Economic Development: Theory and Practice for a Divided World presents contemporary coverage of key development topics such as human capital, technology, the environment, and population growth. The book was written with three guiding principles:

Both the market system and government policy can work together to address the widening gap between rich and poor countries. Economic debate is important to understand because it has led to the current views of development. The application of development theory is best illustrated through diverse country case studies and real-world situations. KEY FEATURES

Case Studies: 35 cases present economic issues being faced by developing countries such as Taiwan, Brazil, India, China, Ghana, Mexico, and Thailand. Supporting case questions appear at the end of the chapters.

Development Spotlight: 24 Development Spotlight boxes illustrate and apply key theoretical concepts to real-world situations.


http: // -- includes an extensive bibliography, related Internet sites organized by chapter, and other resources.
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Table of contents

(NOTE: Each chapter ends with a glossary of key terms, study questions, and a bibliography.) 1. The Idea of Economic Development. 2. Measuring Economic Development. 3. The Evolution of Development Thought. 4. Financial Resources for Development. 5. Natural Building Blocks of Development: Resources and the Environment. 6. Population Growth and Migration. 7. Human Capital: Health and Education. 8. The Key Role of Agriculture in Development. 9. Industry, Technology, and Employment. 10. The Ambiguous Role of the State in Development. 11. Macroeconomic Policy, Inflation, and Stabilization. 12. Foreign Trade and Development Strategy. 13. Foreign Aid and Direct Investment. 14. Debt and Adjustment. 15. Global Capital Markets and the East Asian Development Model. 16. Lessons Learned and Open Questions.
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About Stuart R. Lynn

Stuart R. Lynn is Associate Professor of Economics and Global Studies at Assumption College in Worcester, Massachusetts. He received his Ph.D. from the University of North Carolina in Chapel Hill (1971) and has taught Economic Development for 16 years, first at Indiana-Purdue University at Fort Wayne and since 1987 at Assumption College. In addition to teaching, Professor Lynn spent 11 years in the U.S. Foreign Service. Four of those years were spent reporting on economic issues from the U.S. Embassies in Lagos, Nigeria, and Dar es Salaam, Tanzania. In Lagos, he reported on petroleum and macroeconomic issues. In Dar es Salaam, he reported on all economic issues, including Tanzania's negotiations with the International Monetary Fund. Professor Lynn also spent seven years at the State Department in Washington, D.C., working on issues of trade, investment, and petroleum in developing countries. His work included developing-country compliance with rules of the GATT (now WTO) and negotiation of Bilateral Investment Treaties. He also helped oversee economics training courses at the Foreign Service Institute.
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