The Process of Economic Development

The Process of Economic Developmentis a textbook with a story to tell. It discusses from the colonial era to the present in Latin America, Asia and Africa. Encompassing a nice blend of classical development ideas and current theory, the book helps students gain the type of balanced picture disallowed them by other textbooks. A close examination of recent events is integral to the book, with discussions ranging from the environment to the debt crisis, and from export-led industrialization to import substitution, endogenous growth theory and technological capability. Throughout, the authors focus on income distribution, poverty, and social issues and the book has a readable style and format. Plentiful diagrams, boxes and user-friendly summaries, and end of chapter questions help the reader to grasp many-faceted topics. Building upon the impressive and popular first edition, Cypher and Dietz have pulled off that rarity in textbook publishing: a book which will leave student with a frameworkof understanding that will empower them to go on to understand a broad range of "North-South" issues and controversies.