Description
Book SynopsisTraces the evolution of development theory from the Physiocrats and the classical School to Solow, Lewis, and Lucas and Roemer. This book develops a general system of growth equations that focus on the central role of technology change. It demonstrates how political economy factors suggest and enhanced endogenization of policy choices.
Trade Review"The really attractive thing about this book is that it discusses economic development in an evolutionary perspective, with a very detailed catalog of ideal types, but always in a unified theoretical framework. The student will learn a lot about historical development paths, and even more about economic theory."
Robert M. Solow, Massachusetts Institute of TechnologyTable of ContentsList of Figures.
List of Tables.
Preface.
Part I: Introduction:.
1. Growth and Development: An Overview.
Part II: Agrarianism and Dualism:.
2. From Closed and Open Agrarianism to Modern Dualism.
3. Development of the Closed Dualistic Economy: A Bird's Eye View.
Part III: The Analytics of Growth and Development:.
4. The Neoclassical Production Function, Growth and Development.
5. A General Analysis of Growth Systems.
6. Applications to Modern Economic Growth.
Part IV: Applications to Growth and Development under Dualism:.
7. Transition Growth in the Closed Dualistic Economy.
8. Transition Growth under Open Dualism.
9. Growth, Equity, and Human Development.
Part V: Conclusions for Policy:.
10. Policy and Political Economy in the Transition to Modern Economic Growth.
Bibliography.
Index.
