Synopses & Reviews
andlt;Pandgt;Virtually all industrialized nations have annual per capita incomes greater than and#36;15,000; meanwhile, over three billion people, more than half the worlds population, live in countries with per capita incomes of less than and#36;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.andlt;/Pandgt;
Review
The appearance of a revised version of Basu's splendid book is greatly to be welcomed, particularly by those who believe that the economics of underdevelopment should not imply the underdevelopment of economics. This volume provides excellent material for a theoretically oriented course in development economics at an advanced undergraduate or graduate level. Amartya Sen, Lamont University Professor, and Professor of Economics and Philosophy, Harvard University
Review
An admirable combination of introductory helpfulness and state-of-the-art coverage. And fun to read! The MIT Press
Review
andlt;Pandgt;"An admirable combination of introductory helpfulness and state-of-the-art coverage. And fun to read!" Amartya Sen, Lamont University Professor, and Professor of Economics and Philosophy, Harvard Universityandlt;/Pandgt; The MIT Press The MIT Press
Review
andlt;Pandgt;"The appearance of a revised version of Basu's splendid book is greatly to be welcomed, particularly by those who believe that the economics of underdevelopment should not imply the underdevelopment of economics. This volume provides excellent material for a theoretically oriented course in development economics at an advanced undergraduate or graduate level." Christopher Scott, London School of Economics and Political Scienceandlt;/Pandgt;
Synopsis
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.
Synopsis
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.
Synopsis
An examination of theoretical development economics that points the way to further empirical work.
Synopsis
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.
About the Author
Deborah Jean Anderson, Ph.D., is an Associate Professor in theDepartment of Obstetrics and Gynecology at Harvard MedicalSchool, and Director of the Fearing Laboratory, a laboratory dedicatedto studies on infections and immune defense of the human reproductivetract. She has published a number of articles on biologicalmechanisms of HIV-1 transmission, and continues to focus herresearch on various approaches to prevent transmission of HIV-1 andother sexually transmitted pathogens.