Synopses & Reviews
Development Microeconomics is the first in a series of books which looks at the entire spectrum of development economics issues and combines the strengths of conventional developmental thought with the insights of contemporary mainstream economics. The main new conceptual tool used is the application of the theory of imperfect information and the effects this has on the behavior of economic agents. This book is designed specifically for graduate students.
About the Author
Pranab Bardhan is currently Professor of Economics at the University of California at Berkeley. He has previously been Professor of Economics at the Delhi School of Economics and at the Indian Statistical Institute in New Delhi.
Christopher Udry is Professor of Economics at the Economic Growth Center in Yale University.
Table of Contents
Introduction
Household Economics
Population
Fragmented Markets: Labour
Migration
Rural Land Market
Fragmented Credit Markets
Risk and Insurance in an Agricultural Economy
Interlinkage of Transactions and Rural Development
Human Capital and Income Distribution
Poverty Alleviation: Efficiency and Equity Issues
Technological Progress and Learning
Environment and Development
Trade and Development
The Dual Economy
Intersectoral Complementarities and Coordination Failures
Institutional Economics and the State in Economic Development