Economic DevelopmentThis Best-Selling text retains the unique problem- and policy-oriented approach to development economics found in its earlier editions. Now extensively revised and updated to reflect the latest research and the most recent data, Economic Development, Fifth Edition, is the most comprehensive, current text in its field. This edition features a new chapter linking the environment and development problems; a new chapter describing critical issues for the 1990s including the economic transition taking place in the republics of the former USSR and eastern Europe, the economic crisis in sub-Saharan Africa, and the impact of the globalization of the world economy; eighteen new country-specific case studies - one at the end of each chapter, and four new comparative case studies - one at the end of each part; extensive new analysis on critical topics such as women and development, the new growth theory, the U.N.'s new Human Development Index, macroeconomic instability, the future of the debt problem and how the burden of adjustment has been handled between lenders and borrowers, the implications of emerging new regional trading blocs, and the transformation of multinational corporations into "global factories"; new discussion of market reforms and the role of the state, emerging financial systems and the costs and benefits of market liberalization, and an analysis of the impact of military expenditures on economic development; and a casebook, keyed to the text - written by Stephen C. Smith, George Washington University - is available. |
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Contents
A Global Perspective | 3 |
Diverse Structures and Common Characteristics of Developing | 27 |
Statistical Ranking of Third World Countries | 66 |
Copyright | |
19 other sections not shown
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Common terms and phrases
activities Africa agricultural areas average Bangladesh basic benefits capital Chapter commodity costs debt demand dependence developed nations developing countries distribution domestic economic growth effective employment example exchange existing exports fact factors farm Figure force foreign greater groups growing higher human important improve income increase industrial inequality institutional interest investment labor land Latin America LDCs less levels living lower major manufacturing measure ment migration million nature opportunities output planning policies political poor population growth poverty Press primary problems production programs projects promote reduce regions relative require result rising role rural savings sector share social sources South South Korea structure supply Table theory Third World tion trade traditional United University urban wage World Bank York