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MIT Press Analytical Development Economics: The Less Developed Economy Revisited

Name: Analytical Development Economics: The Less Developed Economy Revisited
Brand: MIT Press
Price: 44.47 GBP
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Black, Illustrated

Economic Conditions

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Description

Virtually all industrialized nations have annual per capita incomes greater than $15,000; meanwhile, over three billion people, more than half the worlds population, live in countries with per capita incomes of less than $700. Development economics studies the economies of such countries and the problems they face, including poverty, chronic underemployment, low wages, rampant inflation, and oppressive international debt. In the past two decades, the international debt crisis, the rise of endogenous growth theory, and the tremendous success of some Asian economies have generated renewed interest in development economics, and the field has grown and changed dramatically. Although Analytical Development Economics deals with theoretical development economics, it is closely grounded in reality. The author draws on a wide range of evidence, including some gathered by himself in the village of Nawadih in the state of Bihar, India, where―in huts and fields, and in front of the village tea stall―he talked with landlords, tenants, moneylenders, and landless laborers. The author presents theoretical results in such a way that those doing empirical work can go out and test the theories. The book is a revision of Basu's The Less Developed Economy: A Critique of Contemporary Theory (Blackwell, 1984). The new edition, which has several new chapters and sections, incorporates recent theoretical advances in its comprehensive, up-to-date treatment of the subject. It is intended primarily as a textbook for a one-semester graduate course, but will also be of interest to researchers in economic development and to policymakers.

Product Specifications

Brand: MIT Press
Model: Illustrated
Colour: Black
Format: paperback
ASIN: 0262523442
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 24 January 2003
Listed Since: 07 February 2007

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MIT Press Analytical Development Economics: The Less Developed Economy Revisited

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