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Economic development / E. Wayne Nafziger

Author
Nafziger, E. Wayne
Published
Cambridge : Cambridge University Press, 2012.
Edition
5th ed.
Physical Description
1 online resource (xxiv, 838 pages) : digital, PDF file(s).
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Contents
How the other two-thirds live -- What is economic development? -- Economic development in historical perspective -- Characteristics and institutions of developing countries -- Theories of economic development -- Poverty, malnutrition, and income inequality -- Rural poverty and agricultural transformation -- Population and development -- Employment, migration, and urbanization -- Education, health, and human capital -- Capital formation, investment choice, information technology, and technical progress -- Entrepreneurship, organization, and innovation -- Is economic growth sustainable? Natural resources and the environment -- Monetary, fiscal, and incomes policies and inflation -- Balance of payments, aid, and foreign investment -- The external debt and financial crises -- International trade -- The transition to liberalization and economic reform: Eastern Europe, the former Soviet Union, and China -- Stabilization, adjustment, and reform.
Summary
Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The book is suitable for those with a background in economics principles. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing countries.
Subject(s)
ISBN
9781139028295 (ebook)
9780521765480 (hardback)
Note
Title from publisher's bibliographic system (viewed on 18 Jul 2016).
View MARC record | catkey: 34827252