Economic Development: A Regional, Institutional, and Historical Approach

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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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Contents

Introduction to Economic Development
3
Tables
7
TABLES FIGURES AND MAPS
11
X
37
European Emergence
39
East Asian Experience
73
Absolute Convergence
114
South Asia
152
Latin America
197
North Africa and the Middle East
224
The Middle East and North Africa
225
China and Russia
250
Socialist to Market
251
What Have We Learned?
290
About the Authors
301
Figures
309

South Asia
153
European land in the Americas
196

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