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 26
... production function greatly improved the model's predictive powers . Following Romer's 1986 paper , three different themes emerged within the new growth framework . The first theme was the introduction of human capital into the production ...
... production function greatly improved the model's predictive powers . Following Romer's 1986 paper , three different themes emerged within the new growth framework . The first theme was the introduction of human capital into the production ...
Page 48
... production process . Assume that in England it takes ten labor hours to produce a bushel of corn and five labor hours to produce a piece of manufactured cloth . In France , assume that it takes four labor hours to produce a bushel of ...
... production process . Assume that in England it takes ten labor hours to produce a bushel of corn and five labor hours to produce a piece of manufactured cloth . In France , assume that it takes four labor hours to produce a bushel of ...
Page 269
... production quotas by delivering goods di- rectly to the state was still required , but the prices paid for the delivery of production were raised . Eventually , production above the state - mandated quota was allowed to be sold by the ...
... production quotas by delivering goods di- rectly to the state was still required , but the prices paid for the delivery of production were raised . Eventually , production above the state - mandated quota was allowed to be sold by the ...
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