Economic Development: A Regional, Institutional, and Historical ApproachM.E. Sharpe, 2007 - 320 pages This innovative textbook provides an introduction to economic development in both an historical and contemporary, comparative, and systems framework. The text takes a regional approach, with the theory developed within regional contexts. This leads to the second innovative aspect, an emphasis on institutional structures unique to each region. Third, the authors analyze the development process within the historical context of each region, and consider institutional inheritance from both the pre-colonial and colonial eras and in contemporary times. Thoroughly classroom tested, the text requires no previous courses in economics, although basic principles of economics would be useful. An Instructor's Manual with discussion questions, a test bank, and PowerPoint slides is available online to instructors who adopt the text. |
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Page 88
... groups since free riders are easier to detect and pressure can be brought to bear . Thus , small groups are likely to be able to organize to achieve their goals . However , with larger groups , free riding will be more difficult to ...
... groups since free riders are easier to detect and pressure can be brought to bear . Thus , small groups are likely to be able to organize to achieve their goals . However , with larger groups , free riding will be more difficult to ...
Page 128
... groups are more likely to successfully organize to achieve their goals than large groups . This is because the goal of any particular group can be thought of as a collective good , and thus any person in the group will benefit if the ...
... groups are more likely to successfully organize to achieve their goals than large groups . This is because the goal of any particular group can be thought of as a collective good , and thus any person in the group will benefit if the ...
Page 140
... groups share in the costs of raising children . They also share in the benefits . One of these benefits is risk reduction . Remember that lineage groups reduce risks by engaging in diversified production . The larger the lineage group ...
... groups share in the costs of raising children . They also share in the benefits . One of these benefits is risk reduction . Remember that lineage groups reduce risks by engaging in diversified production . The larger the lineage group ...
Contents
TABLES FIGURES AND MAPS | 11 |
History of Development Theory | 12 |
Changes in Recent Development Thinking | 27 |
Copyright | |
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absolute convergence Africa agricultural productivity agricultural sector argued Botswana capita income century China colonies commitment problem convergence created decline discussed domestic dramatically economic development economic growth efflorescences England environment environmental Europe European expansion experience exports extract factors farmers fertility firms Gini coefficients growth rates human capital impact import substitution important incentive increased India industrial initial inputs institutional structure investment Japan labor land Latin America levels lineage group manufacturing MENA countries migration nations occur output percent periphery policies political pollution population growth poverty predatory profits property rights protoindustrial rapid reduce reform region relative rent seeking result revenue role ruling elite rural Russia significant Smithian growth social society South Asia South Korea Soviet Union strategy Sub-Saharan Africa Taiwan theory tion total factor productivity trade traditional transition U-form University Press urban wealth workers World Bank