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 56
... income for the elite is characterized as earned income when the proportion of the citizens that is provided services in return for that revenue increases . Unearned income is the mirror image of the above . It derives from very few ...
... income for the elite is characterized as earned income when the proportion of the citizens that is provided services in return for that revenue increases . Unearned income is the mirror image of the above . It derives from very few ...
Page 84
... income will be higher in the rich country relative to the poor country because the savings rate is higher . Alternatively , if n , < n , per capita income will grow in R relative to P until , once again , the law of diminishing returns ...
... income will be higher in the rich country relative to the poor country because the savings rate is higher . Alternatively , if n , < n , per capita income will grow in R relative to P until , once again , the law of diminishing returns ...
Page 233
... income . That is , poorer countries would grow more rapidly than richer countries . Second , when we discussed sub ... income in some early year , say 1960 , is related to the pace of subsequent economic growth , say growth between 1960 ...
... income . That is , poorer countries would grow more rapidly than richer countries . Second , when we discussed sub ... income in some early year , say 1960 , is related to the pace of subsequent economic growth , say growth between 1960 ...
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