Economic Development in the Third WorldNew to this edition is an introductory section in chapter three on theories of development. Other new sections treat such topics as the debt problem and IMF stabilization policies, the economic impact of rising military expenditures, women and development, the role of Central Banks, and the recently rejoined public debate over the relative merits of free markets versus government intervention as a stimulus to development. Virtually every statistical table and figure has been updated as have all corresponding textual statistics. The end of chapter reading sections have been thoroughly revised as has the thematic bibliography. |
Contents
A Global Perspective | 3 |
The Limited Relevance of Traditional Theory | 11 |
Summary and Conclusions | 17 |
Copyright | |
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Africa agricultural Asia basic benefits birthrates Brazil capita income capital Chapter Colombia commodity consumption costs demand developed nations domestic Economic Development economic growth employment example expand exports factors factors of production farm fertility Figure foreign aid foreign exchange growth rates higher important income distribution increase industrial inequality informal sector inputs institutional international economic international trade Kenya labor force land latifundios Latin America LDCs levels of living major manufactured ment microeconomics million MNCs modern sector multinational multinational corporations Nigeria nomic OPEC opportunities opportunity cost output policies political poor population growth poverty primary product problems programs ratio relative result rural development rural-urban migration South Korea strategies structure subsistence supply Table tariff theory Third World countries Third World nations tion traditional U.S. dollars underdevelopment United University Press urban areas urban unemployment wage workers World Bank World Development York