The Process of Economic Development: Theory, Institutions, Applications and Evidence

Drawing together recent changes in the debates with the history of the subject,The Process of Economic Development combines development experience with theoretical concerns. A close examination of recent events is integral to the book, with discussions ranging from the environment to the debt crisis, and from export-led industrialization to import substitution industrialization, growth theory and technological capability. Throughout the work, the authors focus on income distribution, poverty, and social issues. The book has an accessible style and format. Plentiful diagrams, boxed and user-friendly summaries, and end of chapter questions help the reader to grasp many-faceted topics. Coverage includes a wide range of geographic regions such as Latin America, Africa, China and Asia, in order to provide a uniquely balanced world picture.