Economic Development: A Regional, Institutional, and Historical ApproachM.E. Sharpe, 2013 - 296 pages The second edition of this innovative and affordable book integrates environmental and financial sustainability into its distinctive regional approach. By focusing on political economy in its cultural, religious and historical roots, as well as leadership decisions, it spurs critical thinking. Working through the unique development paths of individual countries, the authors foster integrative thinking and a strong sense of realism about both the prospects and challenges of economic development in the rapidly evolving global economy. The book is exceptional in both its theoretical nuance and accessible writing. An Instructors Manual with discussion questions, a test bank, and PowerPoint slides is available online to professors who adopt the text. |
From inside the book
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Page xiii
... policies, different regions faced different outcomes. The book ends with a general reflection on what has been learned from all the different experiences and different regions that have been covered in the book. The chapters make use of ...
... policies, different regions faced different outcomes. The book ends with a general reflection on what has been learned from all the different experiences and different regions that have been covered in the book. The chapters make use of ...
Page 3
... policies, technology, geography, integration (trade), and institutional differences. Some factors are exogenous (i.e., caused by factors outside the economy) while others are not. Certain factors, such as technology, were presumed to be ...
... policies, technology, geography, integration (trade), and institutional differences. Some factors are exogenous (i.e., caused by factors outside the economy) while others are not. Certain factors, such as technology, were presumed to be ...
Page 4
... policies? How did some Southeast Asian countries manage to find their footing and begin the process of recovery soon after the East Asian financial crisis of 1997, while a country with a much stronger and more developed economy such as ...
... policies? How did some Southeast Asian countries manage to find their footing and begin the process of recovery soon after the East Asian financial crisis of 1997, while a country with a much stronger and more developed economy such as ...
Page 7
... policies should shape development in such a way that low-income producers realize an increase in earning opportunities and receive resources to take advantage of them simultaneously. Another approach to measuring economic development is ...
... policies should shape development in such a way that low-income producers realize an increase in earning opportunities and receive resources to take advantage of them simultaneously. Another approach to measuring economic development is ...
Page 42
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Contents
3 | |
2 European Emergence | 29 |
3 East Asian Experience | 59 |
Socialist to Market | 97 |
5 SubSaharan Africa | 133 |
6 South Asia | 169 |
7 Latin America | 199 |
8 The Middle East and North Africa | 225 |
What Have We Learned? | 247 |
Index | 257 |
About the Authors | 277 |
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Common terms and phrases
accumulation agricultural productivity agricultural sector areas argued Botswana capital accumulation China Chinese colonial commitment problem costs created decline demographic dividend dependency theorists dependent developing countries diminishing returns discussed domestic dramatically economic development economic growth efflorescence England environment environmental Europe European expansion experience exports extract factors firms GDP per capita growth rate impact important incentive increased India Industrial Revolution industrialization inputs institutional structure investment involved Japan Japanese Kuznets Curve labor land Latin America law of diminishing lineage groups manufacturing MENA modern sector occur output patron-client per-capita GDP per-capita income percent period periphery policies political population growth poverty predatory profit property rights protoindustrial reduce reform region relatively rent seeking result revenue role ruling elite rural significant Smithian growth social society South Asia South Korea Soviet Union sub-Saharan Africa Taiwan theory tion trade transition urban wealth workers