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 84
... grow more rapidly because they have lower capital - output ratios for the same underlying technology . Remember that the stationary state equilib- rium for a country is when s / v = n . Thus if two countries , R ( rich ) and P ( poor ) ...
... grow more rapidly because they have lower capital - output ratios for the same underlying technology . Remember that the stationary state equilib- rium for a country is when s / v = n . Thus if two countries , R ( rich ) and P ( poor ) ...
Page 135
... grow wheat , you have the right to grow some other crop , grow nothing , or turn it into a parking lot as long as those uses are legal . In addition , you can permanently transfer those rights to another person . In other words , you ...
... grow wheat , you have the right to grow some other crop , grow nothing , or turn it into a parking lot as long as those uses are legal . In addition , you can permanently transfer those rights to another person . In other words , you ...
Page 139
... grow three basic ways . It can grow through migration , births , or reduced mortality . All three sources of demographic change have played important roles in Africa's economic development . Sub- Saharan Africa has particularly higher ...
... grow three basic ways . It can grow through migration , births , or reduced mortality . All three sources of demographic change have played important roles in Africa's economic development . Sub- Saharan Africa has particularly higher ...
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