Название: Economic Development, 13th Edition
Автор: Michael Todaro, Stephen Smith
Издательство: Pearson
Год: 2020
Страниц: 926
Язык: английский
Формат: pdf (true)
Размер: 10.1 MB

Economic Development, Thirteenth Edition, presents the latest thinking in economic development with the clear and comprehensive approach that has been so well received in both the developed and developing worlds.

The pace and scope of economic development continues its rapid, uneven, and sometimes unexpected evolution. This text explains the unprecedented progress that has been made in many parts of the developing world but fully confronts the enormous problems and challenges that remain to be addressed in the years ahead. The text shows the wide diversity across the developing world in their extent of economic development and other characteristics; and the differing positions in the global economy that are held by developing countries.

The field of economic development is versatile and has much to contribute regarding these differing scenarios. Thus, the text also underlines common features that are exhibited by a majority of developing nations, using the insights of the study of economic development. The still relatively small number of countries that have essentially completed the transformation to become developed economies, such as South Korea and Singapore, are also examined as potential models for other developing countries to follow. Both theory and empirical analysis in development economics have made major strides, and the Thirteenth Edition brings these ideas and findings to students.

Development economics provides critical insights into how we got to where we are, how great progress has been made in recent years, and why many development problems remain so difficult to solve. The principles of development economics are also key to the design of successful economic development policy and programs as we look ahead. At the same time, international development is an interdisciplinary subject, in which approaches and insights from anthropology, finance, geography, health sciences, political science, psychology, and sociology have had significant influence on the subject, and are considered throughout the text. Some approaches that began as explicit critiques and alternatives to what were then limits to development economics have become central to its study. For example, behavioural economics and experimental research now play central roles in the field.

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