But a development economics textbook has to be about development and hope and this one is not.Īnyway, as I mentioned earlier, the book is really well-written. I'm not saying that we should close our eyes from the misery of the world. This shortcoming is most obvious in the complete lack of a discussion of industrialization - although very few countries can hope to develop without industrialization.
It is about misery and dealing with symptoms of backwardness and poverty, not its causes or the process of development. I actually liked it because it is really good at what it covers, but what it covers is seriously flawed. I'm not saying that we should c Rating this book is a dilemma for me. Intended for those who wish to gain a better understanding of economic development.
Key Topics: Principles and Concepts Introducing Economic Development: A Global Perspective Comparative Economic Development Classic Theories of Economic Growth and Development Contemporary Models of Development and Underdevelopment Problems and Policies: Domestic Poverty, Inequality, and Development Population Growth and Economic Development: Causes, Consequences, and Controversies Urbanization and Rural-Urban Migration: Theory and Policy Human Capital: Education and Health in Economic Development Agricultural Transformation and Rural Development The Environment and Development Development Policymaking and the Roles of Market, State, and Civil Society Problems and Policies: International and Macro International Trade Theory and Development Strategy Balance of Payments, Debt, Financial Crises, and Stabilization Policies Foreign Finance, Investment, Aid, and Conflict: Controversies and Opportunities Finance and Fiscal Policy for Development Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies so you can see how theory relates to the problems and prospects of developing countries. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies s Key Benefit:Įconomic Development, Twelfth Edition-the leading textbook in this field-provides students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Key Benefit: Economic Development, Twelfth Edition-the leading textbook in this field-provides students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research.
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