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The third edition of The Process of Economic Development offers a thorough and up-to-date presentation of development economics. This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies. Much has happened in the developing world since the appearance of the second edition in 2002. The period has seen remarkable growth rates in countries such as China and India, the accession of a number of post-communist economies to the European Union, financial crisis in Argentina and continuing desperate poverty in many African countries. This third edition reflects these developments and includes new material on the following: national systems of innovation including information technology in India the ongoing impact of globalization the continuing programmes of foreign aid across all developing countries. Cypher and Dietz's text is the development economics text par excellence as it takes a much more practical, hands-on view of the issues facing developing countries than its overly mathematical rivals. It will appeal to all those studying this important subject area.
Table of Contents
The Development Imperative
Measuring Economic Growth and Development
Development in Historical Perspective
Classical and Neoclassical Theories 5. Developmentalist Theories of Economic Development
Heterodox Theories of Economic Development
The State as a Potential Agent of Transformation: From Neoliberalism to Embedded Autonomy
Endogonous Growth Theories
The Initial Structural Transformation: The Industrialization Process
Strategy Switching and Industrial Transformation
Agriculture and Development
Population Education and Human Capital
Technology and Development
Transnational Corporations and Economic Development
Macroeconomic Equilibrium: The Internal Balance
Macroeconomic Equilibrium: The External Balance
The Debt Problem and Development
International Institutional Linkages: The IMF, The World Bank, and Foreign Aid
Table of Contents provided by Publisher. All Rights Reserved.