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The Process of Economic Development

The Process of Economic Development
Author: James M. Cypher
Publisher: Psychology Press
Total Pages: 574
Release: 2004
Genre: Business & Economics
ISBN: 9780415254168

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This textbook includes discussions of such topics as the environment, the debt case, export-led industrialization, import substitution industrialization, growth theory and technological capability.


Development Economics

Development Economics
Author: Debraj Ray
Publisher: Princeton University Press
Total Pages: 868
Release: 1998-01-12
Genre: Business & Economics
ISBN: 1400835895

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The study of development in low-income countries is attracting more attention around the world than ever before. Yet until now there has been no comprehensive text that incorporates the huge strides made in the subject over the past decade. Development Economics does precisely that in a clear, rigorous, and elegant fashion. Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. A common point of view underlies the treatment of these subjects: that much of the development process can be understood by studying factors that impede the efficient and equitable functioning of markets. Diverse topics such as the new growth theory, moral hazard in land contracts, information-based theories of credit markets, and the macroeconomic implications of economic inequality come under this common methodological umbrella. The book takes the position that there is no single cause for economic progress, but that a combination of factors--among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance--consistently favor development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum. Development Economics will be the definitive textbook in this subject for years to come. It will prove useful to researchers by showing intriguing connections among a wide variety of subjects that are rarely discussed together in the same book. And it will be an important resource for policy-makers, who increasingly find themselves dealing with complex issues of growth, inequality, poverty, and social welfare.


Economic Development Finance

Economic Development Finance
Author: Karl F Seidman
Publisher: SAGE
Total Pages: 528
Release: 2005
Genre: Business & Economics
ISBN: 9780761927099

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"Economic Development Finance provides a foundation for students and professionals in the technical aspects of business and real estate finance and surveys the full range of policies, program models, and financing tools used in economic development practice within the United States."--Jacket.


Economic Development

Economic Development
Author: Michael P. Todaro
Publisher: Addison-Wesley Longman
Total Pages: 906
Release: 2009
Genre: Business & Economics
ISBN:

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This text maintains a problem and policy oriented approach to development economics. It focuses on people and government in developing countries.


Economic Development in the Americas Since 1500

Economic Development in the Americas Since 1500
Author: Stanley L. Engerman
Publisher: Cambridge University Press
Total Pages: 449
Release: 2012
Genre: Business & Economics
ISBN: 1107009553

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Examines differences in the rates of economic growth in Latin America and mainland North America since the seventeenth century.


Economic Development

Economic Development
Author: E. Wayne Nafziger
Publisher: Cambridge University Press
Total Pages: 863
Release: 2012-03-26
Genre: Business & Economics
ISBN: 052176548X

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E. Wayne Nafziger analyzes the economic development of Asia, Africa, Latin America, and East-Central Europe. The book is suitable for those with a background in economics principles. Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea, and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing countries.


Rethinking Economic Development, Growth, and Institutions

Rethinking Economic Development, Growth, and Institutions
Author: Jaime Ros
Publisher:
Total Pages: 470
Release: 2013-09
Genre: Business & Economics
ISBN: 0199684812

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Presents the contributions that early development theory can make to growth economics in answering why some countries are richer than others and why some economies grow faster than others.


Money and Capital in Economic Development

Money and Capital in Economic Development
Author: Ronald I. McKinnon
Publisher: Brookings Institution Press
Total Pages: 204
Release: 2010-12-01
Genre: Business & Economics
ISBN: 9780815718499

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This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.


Economic Development and Transition

Economic Development and Transition
Author: Justin Yifu Lin
Publisher: Cambridge University Press
Total Pages: 171
Release: 2009-02-12
Genre: Business & Economics
ISBN: 1139475517

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In Economic Development and Transition, renowned development economist Justin Yifu Lin argues that economic performance in developing countries depends largely on government strategy. If the government plays a facilitating role, enabling firms to exploit the economy's comparative advantages, its economy will develop successfully. However, governments in most developing countries attempt to promote industries that go against their comparative advantages by creating various kinds of distortion to protect nonviable firms in priority industries. Failing to recognize the original intention of many distortions, most governments in transition economies attempt to eliminate those distortions without addressing firms' viability problems, causing economic performance to deteriorate in their transition process. Governments in successful transition economies adopt a pragmatic dual-track approach that encourages firms to enter sectors that were suppressed previously and gives necessary support to firms in priority industries before their viability issue is addressed.


The Handbook of Economic Development and Institutions

The Handbook of Economic Development and Institutions
Author: Jean-Marie Baland
Publisher: Princeton University Press
Total Pages: 786
Release: 2020-01-21
Genre: Business & Economics
ISBN: 0691191212

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"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but some of the most high profile work has been done by economists many of whom are included in this collection covering a wide range of topics including the relationship between institutions and growth, educational systems, the role of the media and the intersection between traditional systems of patronage and political institutions. Each chapter covers the frontier research in its area and points to new areas of research and is the product of extensive workshopping and editing. The editors have also written an excellent introduction which brings together the key themes of the handbook. The list of contributors is stellar (Steven Durlauf, Throsten Beck, Bob Allen,and includes a diverse mix of Western and non Western, male and female scholars)"