Description
The Process of Economic Development is a textbook with a story to tell. It discusses development from the colonial era to the present in Latin America, Asia and Africa. Encompassing a blend of classical development ideas and current theory, the book helps students gain the type of balanced picture disallowed them by other textbooks.A close examination of recent events is integral to the book, with discussions ranging from the environment to the debt crisis, and from export-led industrialization to import substitution, endogenous growth theory and technological capability. Throughout, the authors focus on income distribution, poverty, and social issues and the book has an readable style and format.
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"The fourth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies. The new edition has been revised and updated throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances. The period since the publication of the third edition of The Process of Economic Development has been a time of immense change in the developing world. The period has seen huge economic growth in China, economic restructuring in India and the continuing impact of environmental issues such as climate change. The fourth edition reflects these developments, as well as including new material on the following: - transnational corporations - perspectives on structural change - gender and development - progress towards the Millennium Development Goals - aid and the least developed nations - the post debt crisis era and debt relief for Africa. Cypher's text remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to the historical contexts that have influenced progress toward development. It is accessibly written both for students of economics and for those with an interest in the many aspects of development studies"--
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