Front cover image for Economic development : a regional, institutional, and historical approach

Economic development : a regional, institutional, and historical approach

Provides an introduction to economic development in both an historical and contemporary, comparative, and systems framework. This text takes a regional approach, with the theory developed within regional contexts. It lays emphasis on institutional structures unique to each region.
Print Book, English, ©2007
M.E. Sharpe, Armonk, N.Y., ©2007
xv, 320 pages : illustrations, maps ; 24 cm
9780765617521, 9780765617538, 0765617528, 0765617536
65538195
Introduction to economic development. Growth versus development. History of development theory. Changes in recent development thinking. What lessons have we learned and where do we go from here?
European emergence. Growth during the Industrial Revolution. Agricultural growth. Protoindustrialization and trade. Exploitation and slavery. The evolution and role of political institutions. Culture and nationalism. Culture and technology
East Asian experience. Early experiences of Japan and China. Catching up : a neoclassical view. Catching up : a role for the state. Catching up : Japanese success. Catching up : early Chinese failure. Taiwan and Korea
Sub-Saharan Africa. Pre-colonial period. The Colonial era. Patron-client political structure. Urban biased policy. Urban bias and migration. Risk management and lineage groups. Lineage groups, fertility and the demographic transition. The failed state. Botswana : a success story
South Asia. Pre-independence India. India after independence. A theoretical framework. Population growth and unemployment. Poverty. Dependence on agriculture. Religion and caste. Gender bias. Education
Latin America. The emergence of Spain. The colonial period. Independence and trade. Export expansion and growth. Import-substitution industrialization. Globalization and the International Monetary Fund. Inflation. Population growth. Solving the commitment problem
The Middle East and North Africa. Early economy in the Precolonial era. The Precolonial and Colonial era. The emergence of nation-states. Petroleum exports and the petroleum exporters. Petroleum and nonpetroleum exporters in MENA
Economies in transition : socialist to market. Economic systems. Economic performance of socialism. Some analysts on transition. The Russian experience. The Chinese experience. Explanation for different reform paths. Sustainable growth
Conclusions: what have we learned? Efflorescence. Impact of colonization. Role of the state. Role of democracy. Tying it all together