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Analytical Development Economics - The Less Developed Economy Revisited (Paperback, New edition) Loot Price: R643
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Analytical Development Economics - The Less Developed Economy Revisited (Paperback, New edition): Kaushik Basu

Analytical Development Economics - The Less Developed Economy Revisited (Paperback, New edition)

Kaushik Basu

Series: The MIT Press

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List price R840 Loot Price R643 Discovery Miles 6 430 | Repayment Terms: R60 pm x 12* You Save R197 (23%)

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Virtually all industrialized nations have annual per capita incomes greater than $15,000; meanwhile, over three billion people, more than half the worlds population, live in countries with per capita incomes of less than $700. Development economics studies the economies of such countries and the problems they face, including poverty, chronic underemployment, low wages, rampant inflation, and oppressive international debt. In the past two decades, the international debt crisis, the rise of endogenous growth theory, and the tremendous success of some Asian economies have generated renewed interest in development economics, and the field has grown and changed dramatically.Although Analytical Development Economics deals with theoretical development economics, it is closely grounded in reality. The author draws on a wide range of evidence, including some gathered by himself in the village of Nawadih in the state of Bihar, India, where--in huts and fields, and in front of the village tea stall--he talked with landlords, tenants, moneylenders, and landless laborers. The author presents theoretical results in such a way that those doing empirical work can go out and test the theories.The book is a revision of Basu's The Less Developed Economy: A Critique of Contemporary Theory (Blackwell, 1984). The new edition, which has several new chapters and sections, incorporates recent theoretical advances in its comprehensive, up-to-date treatment of the subject. It is intended primarily as a textbook for a one-semester graduate course, but will also be of interest to researchers in economic development and to policymakers.


Imprint: MIT Press
Country of origin: United States
Series: The MIT Press
Release date: 2003
First published: 2003
Authors: Kaushik Basu
Dimensions: 229 x 152 x 20mm (L x W x T)
Format: Paperback - Trade
Pages: 386
Edition: New edition
ISBN-13: 978-0-262-52344-8
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Development economics
Books > Business & Economics > Promotions
LSN: 0-262-52344-2
Barcode: 9780262523448

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