Leading Issues in Economic Development

Leading Issues in Economic Development : Studies in International Policy

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This study is designed to be used in the undergraduate course in the economics of development and often substitutes for a core text. It consists of a combination of articles and interstitial material by the author. The book emphasizes the fundamental analytical principles of economic development and applies them to policy analysis and to development experience. It focuses on analysis of the constraints on development and the need to relax these constraints by undertaking appropriate policies. This new edition relates changes in development thought to development policymaking.show more

Product details

  • Paperback | 576 pages
  • 162.56 x 233.68 x 30.48mm | 952.54g
  • Oxford University Press Inc
  • New York, United States
  • Revised
  • 5th Revised edition
  • 51 line drawings
  • 0195055721
  • 9780195055726

Table of contents

DEVELOPMENT PERFORMANCE: What do we mean by "Economic development"? Dimensions of development; Country experiences; Historical perspectives; Analytical perspectives; Radical perspectives; Why isn't the whole world developed?; Leading issues; DUALISTIC DEVELOPMENT: The labor surplus economy; Inter-sectoral analysis; Rural-urban migration; Employment strategies; MOBILIZING DOMESTIC RESOURCES: Investment requirements - note; Sources of capital formation - note; Inflation and its effects; Financial reform; MOBILIZING FOREIGN RESOURCES: Public financial aid; External debt; Private foreign investment; Transfer of technology; INDUSTRIALIZATION STRATEGY: The industrial achievement; Agriculture-industry interactions; AGRICULTURAL STRATEGY: Importance of agriculture; Microeconomics of the rural sector; Designing an agricultural strategy; TRADE STRATEGY: International trade and international inequality; Inward-versus outward-looking policies; Trade in primary products; Regional integration and development - note; HUMAN RESOURCES: Population; Nutrition; Education; PROJECT APPRAISAL: Rationale of project appraisal - note; Benefits and costs; Shadow pricing; MARKET AND STATE: Planning and the market; Policy lessons; Political economy; Toward more effective policy making - noteshow more

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