This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics. After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers).Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives. Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.
Contents: Volume I Preface PART I: INTRODUCTION1. Meaning and Measurement of DevelopmentPaul Streeten2. Historical Perspectives on DevelopmentAmiya Bagchi3. Empirics of Growth and DevelopmentSteve Durlauf, Andros Kourtellos and Chih Ming Tan4. Structural Change and DevelopmentMoshe Syrquin5. Interdisciplinary Approaches to Development: The 'Institutional' TurnPeter Evans6. Data Problems and Empirical Modeling in Developing EconomiesBill Gibson PART II: ALTERNATIVE APPROACHES TO DEVELOPMENT7. Historical Antecedents of Development EconomicsGianni Vaggi8. Classical Development TheoryJaime Ros9. Theories of DependencyGabriel Palma10. StructuralismGabriel Palma11. Marxism and DevelopmentBob Sutcliffe12. Institutionalist Development EconomicsKen Jameson13. Neoclassical Development EconomicsSalim Rashid PART III: MACROECONOMICS OF GROWTH AND DEVELOPMENT14. General Long-run Approaches to Growth and DevelopmentAmitava Krishna Dutt15. New Growth Theory and Development EconomicsHeinz Kurz and Neri Salvadori16. Short-run Macroeconomic Issues in DevelopmentPeter Montiel17. Sectoral Interactions in DevelopmentJorn Rattso18. Open Economy Issues in DevelopmentJose Antonio Ocampo PART IV: FACTORS IN DEVELOPMENT19. Saving, Investment, and Capital AccumulationAndres Solimano and Mario Gutierrez20. Role of Finance and Credit in Economic DevelopmentPhilip Arestis and Santonu Basu21. Physical InfrastructureGregory Ingram and Marianne Fay22. Population and DevelopmentDennis Ahlburg and Robert Cassen23. Labor Markets in Developing CountriesAlbert Berry24. Education and Human CapitalGeorge Psacharopoulos and Harry Patrinos25. Health and Nutrition and Economic DevelopmentHarold Alderman, Jere R. Behrman and John Hoddinott26. Entrepreneurship and DevelopmentWayne Nafziger27. Natural Resources and DevelopmentRichard Auty28. Environment and DevelopmentJohn McPeak29. Technical Choice and Technological Change in DevelopmentHoward Pack PART V: SECTORS IN DEVELOPMENT30. Factor Market Imperfections in Poor Agrarian EconomiesParikshit Ghosh and Ashok Kotwal31. The Green RevolutionRobert Evenson32. Industry and Industrial PolicyHelen Shapiro33. The Informal SectorVictor Tokman34. Services and DevelopmentDilip Dutta35. Urbanization and Rural-Urban MigrationCharles Becker Volume II PART VI: INTERNATIONAL ISSUES36. International Trade and DevelopmentFrancisco Rodriguez37. Terms of Trade and Economic DevelopmentDavid Sapsford38. Trade Policy and DevelopmentHenry Bruton39. Foreign Direct InvestmentV.N. Balasubramanyam40. Private Capital Flows and DevelopmentStephany Griffith Jones41. International Capital Flows to Emerging CountriesGraciela Kaminsky42. Foreign AidSteven Radelet43. International Migration and the Brain DrainFrancisco Rivera-Batiz44. International Technology Transfer: The Role of Foreign Direct InvestmentAmy Jocelyn Glass and Kamal Saggi45. International Institutions and DevelopmentKunibert Raffer46. North-South IssuesAmitava Krishna Dutt PART VII: DISTRIBUTION AND POVERTY47. Measures of the Distribution of Income and their Interpretation in Developing CountriesSam Morley48. Income Distribution: Effects on Growth and DevelopmentNancy Birdsall49. Measuring Progress in Reducing PovertyLyn Squire50. Gender Issues in DevelopmentDiane Elson51. Children and DevelopmentPaul Glewwe and Amy Damon52. Ethnicity and Economic DevelopmentWilliam Darity and Russell Triplett PART VIII: THE STATE, INSTITUTIONS AND DEVELOPMENT53. The Role of the State and Markets in DevelopmentLouis Putterman54. Monetary PolicyPaul Masson55. Fiscal PolicyRaghbendra Jha56. Stabilization Policy and Structural AdjustmentValpy Fitzgerald57. Economic Planning in Developing EconomiesBill Gibson58. State-owned Enterprises and PrivatizationAnindya Sen59. Corruption and DevelopmentCheryl Gray60. Law and DevelopmentPranab Bardhan61. Institutions, Property Rights and DevelopmentJean-Philippe Platteau and Jean-Marie Baland62. Culture and DevelopmentRoland Hoksbergen and Charles K. Wilber63.