Description
Book SynopsisThis two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.
After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers). Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives.
Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.
Trade Review'The essays are concise, yet comprehensive, and each essay contains a substantial set of references, which an interested researcher or student could follow up. . . In addition to representing multidisciplinary interactions, this collection encompasses several different perspectives within development economics, so the reader can learn, for example, both about neoclassical approaches and dependency theories in the same volume. This makes the collection unique and all the more valuable. . . This is a very good reference collection, as the individual essays are informative and provide a good overall perspective on the topic that they set out to address. The extensive bibliography at the end of each essay adds further value to this collection.' -- Ashwini Deshpande, Economic and Political Weekly
'These new volumes impress along two dimensions. First, they highlight important connections between economic development and variables such as culture, warfare, and ethnicity, which are sometimes ignored by mainstream economists. Second, they analyze the economic development experience of different regions such as Africa, Latin America, and East Asia. . . a valuable reference for scholars and practitioners in the field. Highly recommended.' -- H.A. Faruq, Choice
Table of ContentsContents: Volume I Preface PART I: INTRODUCTION 1. The Meaning and Measurement of Development Paul Streeten 2. Historical Perspectives on Development Amiya Kumar Bagchi 3. Empirics of Growth and Development Steven N. Durlauf, Andros Kourtellos and Chih Ming Tan 4. Structural Change and Development Moshe Syrquin 5. Interdisciplinary Approaches to Development: The ‘Institutional’ Turn Peter Evans 6. Data Problems and Empirical Modeling in Developing Economies Bill Gibson PART II: ALTERNATIVE APPROACHES TO DEVELOPMENT 7. Historical Antecedents of Development Economics Gianni Vaggi 8. Classical Development Theory Jaime Ros 9. Theories of Dependency José Gabriel Palma 10. Structuralism José Gabriel Palma 11. Marxism and Development Bob Sutcliffe 12. Institutionalist Development Economics Kenneth P. Jameson 13. Neoclassical Development Economics Salim Rashid PART III: MACROECONOMICS OF GROWTH AND DEVELOPMENT 14. General Long-run Approaches to Growth and Development Amitava Krishna Dutt 15. New Growth Theory and Development Economics Heinz D. Kurz and Neri Salvadori 16. Short-run Macroeconomic Issues in Development Peter J. Montiel 17. Sectoral Interactions in Development Jørn Rattsø 18. Open-Economy Issues in Development José Antonio Ocampo PART IV: FACTORS IN DEVELOPMENT 19. Savings, Investment and Capital Accumulation Andrés Solimano and Mario Gutierrez 20. Role of Finance and Credit in Economic Development Philip Arestis and Santonu Basu 21. Physical Infrastructure Gregory K. Ingram and Marianne Fay 22. Population and Development Dennis Ahlburg and Robert Cassen 23. Labor Markets in Developing Countries Albert Berry 24. Education and Human Capital George Psacharopoulos and Harry Anthony Patrinos 25. Health and Nutrition and Economic Development Harold Alderman, Jere R. Behrman and John Hoddinott 26. Entrepreneurship and Development E. Wayne Nafziger 27. Natural Resources and Development Richard Auty 28. The Environment and Development John McPeak 29. Technical Choice and Technological Change in Development Howard Pack PART V: SECTORS IN DEVELOPMENT 30. Factor Market Imperfections in Poor Agrarian Economies Parikshit Ghosh and Ashok Kotwal 31. The Green Revolution Robert E. Evenson 32. Industry and Industrial Policy Helen Shapiro 33. The Informal Sector Victor E. Tokman 34. Services and Development Dilip Dutta 35. Urbanization and Rural–Urban Migration Charles M. Becker Index Volume II PART VI: INTERNATIONAL ISSUES 36. International Trade and Development Francisco Rodríguez 37. Terms of Trade and Economic Development David Sapsford 38. Trade Policy and Development Henry J. Bruton 39. Foreign Direct Investment V.N. Balasubramanyam 40. Private Capital Flows and Development Stephany Griffith-Jones 41. International Capital Flows to Emerging Countries: Short- and Long-run Effects Graciela L. Kaminsky 42. Foreign Aid Steven Radelet 43. International Migration and the Brain Drain Francisco L. Rivera-Batiz 44. International Technology Transfer: The Role of Foreign Direct Investment Amy Jocelyn Glass and Kamal Saggi 45. International Institutions and Development Kunibert Raffer 46. North–South Issues Amitava Krishna Dutt PART VII: DISTRIBUTION AND POVERTY 47. Measures of the Distribution of Income and their Interpretation in Developing Countries Samuel A. Morley 48. Income Distribution: Effects on Growth and Development Nancy Birdsall 49. Measuring Progress in Reducing Poverty Lyn Squire 50. Gender Issues in Development Diane Elson 51. Children and Development Paul Glewwe and Amy Damon 52. Ethnicity and Economic Development William A. Darity Jr and Russell E. Triplett PART VIII: THE STATE, INSTITUTIONS AND DEVELOPMENT 53. The Role of the State and Markets in Development Louis Putterman 54. Monetary Policy Paul R. Masson 55. Fiscal Policy Raghbendra Jha 56. Stabilization Policy and Structural Adjustment Valpy FitzGerald 57. Economic Planning in Developing Economies Bill Gibson 58. State-owned Enterprises and Privatization Anindya Sen 59. Corruption and Development Cheryl W. Gray 60. Law and Development Pranab Bardhan 61. Institutions, Property Rights and Development Jean-Philippe Platteau and Jean-Marie Baland 62. Culture and Development Roland Hoksbergen and Charles K. Wilber 63. The Economics of War: Causes and Consequences Frances Stewart and Graham Brown PART IX: ECONOMIC DEVELOPMENT EXPERIENCE 64. Economic Development in the Third World: An International Perspective Richard Kozul-Wright and Paul Rayment 65. Latin America and the Caribbean Albert Fishlow 66. Sub-Saharan Africa Benno J. Ndulu and Stephen A. O’Connell 67. The Middle East and North Africa Omar S. Dahi and Firat Demir 68. China Yasheng Huang 69. South Asia Prabhat Patnaik and Jayati Ghosh 70. The East Asian Newly Industrializing Countries K.S. Jomo 71. Transition Economies: Lessons for Development Ruud Knaack and Henk Jager Index
