Economic Development

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Pearson Addison Wesley, 2006 - Business & Economics - 851 pages
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Todaro and Smith believe that development economics should foster a student's ability to understand real problems faced by developing countries. Unlike other texts, Economic Development introduces economic models within the context of countries and issues, so that students learn to analyze and engage in the ongoing policy debates. Praised for its even, balanced coverage, the text helps students to evaluate issues using the best available cross-sectional data, economic theory, and institutional and structural perspectives. Keeping pace with current data and events, the Ninth Edition includes the latest research in development as well as extensive country-specific examples of topics such as transition economics and urban policy. - Reorganization from four parts to three provides a more streamlined sequencing for economic development courses. - All new country case studies target pertinent issues, such as Divergent Development: Pakistan and Bangladesh and Understanding a Development Miracle: China. Thoroughly updated and revised comparison case studies provide the most current illustrations of policy and its outcomes. major development organizations. - New research on rural development economics and the green revolution in Chapter 9. - Extended coverage of non-governmental organizations and how they compare with government and private sectors in Chapter 11, Political Economy and the Roles of Market. - Chapter 14 takes a critical look at the World Bank and the burden of debt.

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Contents

How Developing Countries Today Differ from Developed
71
Conclusion
82
1 Components of Economic Growth
97
Copyright

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About the author (2006)

Michael P. Todaro was Professor of Economics at New York University for eighteen years and Senior Associate at the Population Council for thirty years. He lived and taught in Africa for six years. He appears in "Who's Who in Economics" and Economists of the Twentieth Century. He is also the author of eight books and more than fifty professional articles.
Stephen C. Smith is Professor of Economics and International Affairs at George Washington University. He received his PhD in economics from Cornell University. Smith is author of "Ending Global Poverty: A Guide to What Works, "co-editor of "NGOs and the Millennium Development Goals: Citizen Action to Reduce Poverty, "and author or coauthor of some three dozen journal articles.

Stephen C. Smith is Professor of Economics at George Washington University.

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