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Macmillan Higher Education Palgrave Higher Education

Economics of Development

Theory and Evidence

Edition 10th Edition
ISBN 9781137577948
Publication Date April 2017
Formats Paperback Ebook 
Publisher Palgrave

The economic and social development of the world’s poorest countries, and the eradication of primary poverty, is one of the greatest challenges facing the world. This tenth edition of Tony Thirlwall’s classic textbook Economics of Development, now co-written with Penélope Pacheco-López, provides a clear, comprehensive and rigorous introduction to the theory of development economics and the experience of developing countries.

Highlights of the new edition include:
• A brand new chapter on human capital: education, nutrition, health, and the role of women in development
• New material on the Sustainable Development Goals, the measurement of poverty, and the multidimensional poverty index
• Discussion of randomized control trials 
• The role of structural change in economic development
• New IMF lending facilities 
An ideal textbook for students of economics and other social sciences, this edition contains up-to-date statistics and data, case examples and website references. 

A.P.Thirlwall is Professor of Applied Economics at the University of Kent, UK. He has lectured widely in developing countries and has been a consultant to several international development agencies including the African Development Bank and the Pacific Islands Development Programme in Hawaii. He has written a number of other books in the field of development economics, and is Series Editor of the Great Thinkers in Economics collection published by Palgrave Macmillan.

Penélope Pacheco-López teaches economics at the University of Kent, UK, and has been a Consultant to the United Nations Conference on Trade and Development (UNCTAD), the International Trade Centre, and the United Nations Industrial Development Organization (UNIDO). She is the author with A.P.Thirlwall of Trade Liberalization and the Poverty of Nations.

PART I DEVELOPMENT AND UNDERDEVELOPMENT
1. The Study of Economic Development
2. The Development Gap and the Measurement of Poverty
3. The Characteristics of Underdevelopment and Structural Change
4. Theories of Economic Growth: Old and New
PART II FACTORS IN THE DEVELOPMENT PROCESS
5. The Role of Agriculture and Surplus Labour for Industrialisation
6. Capital Accumulation, Technical Progress and Techniques of Production
7. Human Capital: Education, The Role of Women, Nutrition and Health
8. The Role of Institutions in Economic Development
9. The Role of the State in Economic Development
PART III THE PERPETUATION OF UNDERDEVELOPMENT
10. Dualism, Centre-Periphery Models and the Process of Cumulative Causation
11. Population and Development
12. Development and the Environment
PART IV FINANCING ECONOMIC DEVELOPMENT
13. Financing Development from Domestic Resources
14. Foreign Assistance, Aid, Debt and Development
PART V INTERNATIONAL TRADE, THE BALANCE OF PAYMENTS AND DEVELOPMENT
15. Trade Theory, Policy and Economic Development
16. The Balance of Payments, International Monetary Assistance and Development.

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