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
Results 1-5 of 44
Page 5
... social differences between the developed West and the rest of the world. The information revolution has made the world a seemingly smaller place and access to goods and services has become cheaper and more easily accomplished. One can ...
... social differences between the developed West and the rest of the world. The information revolution has made the world a seemingly smaller place and access to goods and services has become cheaper and more easily accomplished. One can ...
Page 6
... social indicators continue to exist. Following Clark's study, several economists started to analyze economic development as an independent subject. One such noted economist was Simon Kuznets (1966). The concept of modern economic growth ...
... social indicators continue to exist. Following Clark's study, several economists started to analyze economic development as an independent subject. One such noted economist was Simon Kuznets (1966). The concept of modern economic growth ...
Page 7
... social phenomenon that involved more than growth in per capita output. Seers believed that development meant the elimination of poverty, unemployment, and inequality. This led to a review of structural issues such as education, health ...
... social phenomenon that involved more than growth in per capita output. Seers believed that development meant the elimination of poverty, unemployment, and inequality. This led to a review of structural issues such as education, health ...
Page 13
... social infrastructure (roads, education, etc.). In summary, a nation becomes wealthy through saving, investment, and the accumulation of tools (capital). But this must occur within a competitive market system in which specialization and ...
... social infrastructure (roads, education, etc.). In summary, a nation becomes wealthy through saving, investment, and the accumulation of tools (capital). But this must occur within a competitive market system in which specialization and ...
Page 16
... social superstructure (religion,philosophy,social organizations, class structure) will also change. This change is driven by class conflict. Each method of production results in a particular class structure. As the method of production ...
... social superstructure (religion,philosophy,social organizations, class structure) will also change. This change is driven by class conflict. Each method of production results in a particular class structure. As the method of production ...
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