Economics of Development: Theory and Evidence by A.P. ThirlwallEconomics of Development: Theory and Evidence by A.P. Thirlwall

Economics of Development: Theory and Evidence

byA.P. Thirlwall

Paperback | April 1, 2011

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For nearly forty years, Thirlwall's texts have offered students a clear, comprehensive and rigorous overview of the economic aspects of growth and development. Now, this ninth edition of Thirlwall's popular textbook represents the most thorough revision to date of the author's classic textbook, Growth and Development: The new edition will continue to educate countless students interested in the topic.
 
New to this edition:
* All material, including data, has been brought up to date
* New two-color text design makes it more accessible
* New cases have been added throughout the text, including cases discussing the World Bank Commission on Growth and Development, and the technological divide
* New sections on climate change and trade liberalization 
* Pedagogical tools such as case examples and discussion   questions which support students in understanding and reflecting on theory
A.P. THIRLWALL is Professor of Applied Economics, University of Kent, UK. He has lectured widely in developing countries and has been a consultant to several international agencies including the African Development Bank, the Asian Development Bank, the UN Conference on Trade and Development (UNCTAD) and the Pacific Islands Development...
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Title:Economics of Development: Theory and EvidenceFormat:PaperbackDimensions:712 pages, 9.25 × 6.1 × 0.04 inPublished:April 1, 2011Publisher:Macmillan Education UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230222293

ISBN - 13:9780230222298

Reviews

Table of Contents

PART 1: DEVELOPMENT AND UNDERDEVELOPMENT
The Study of Economic Development
The Development Gap and the Measurement of Poverty
The Characteristics of Underdevelopment and Structural Change
The Role of Institutions in Economic Development 
Theories of Economic Growth: Why Growth Rates Differ between Countries
PART 2: FACTORS IN THE DEVELOPMENT PROCESS
The Role of Agriculture and Surplus Labour for Industrialisation
Capital Accumulation, Technical Progress and Techniques of Production
PART 3: PERPETUATION OF UNDERDEVELOPMENT 
Dualism, Centre-periphery Models and the Process of Cumulative Causation
Population and Development
PART 4: THE ROLE OF THE STATE, THE ALLOCATION OF RESOURCES, AND SUSTAINABLE DEVELOPMENT 
Resource Allocation in Developing Countries: The Market Mechanism and the Role of the State
Project Appraisal, Social Cost–benefit Analysis and Shadow Wages
Development and the Environment
PART 5: FINANCING ECONOMIC DEVELOPMENT
Financing Development from Domestic Resources
Foreign Assistance, Aid, Debt and Development
PART 6: INTERNATIONAL TRADE, THE BALANCE OF PAYMENTS AND DEVELOPMENT
Trade Theory, Trade Policy and Economic Development
The Balance of Payments, International Monetary Assistance and Development
References and Further Reading

Editorial Reviews

"For students and teachers who want an authoritative, comprehensive, balanced and analytically-rigorous guide to the subject of development economics, there is no need to look any further. Thirlwall's book, which I read as an undergraduate in the 1970s, has matured gracefully over the years but also maintains the freshness of youth, covering not only the classic themes of development economics, such as surplus labor, center-periphery analysis, and structural change, but also currently-fashionable ideas about institutions and development, new growth theory, and debates on globalization. While it tackles the analytical and technical aspects of the subject very well, it never loses sight of the big picture and the real meaning of economic development." --Amitava Dutt, Professor of Economics and Political Science, University of Notre Dame"Thirwall sets the standard for a rigorous undergraduate development text." -- Gregg Huff, Senior Research Fellow, Pembroke College, University of Oxford, UK "Congratulations on producing such a wonderful book for generations of students who are interested in economic development." -- Ligang Song, Associate Professor and Director: China Economy Program Crawford School of Economics and Government, The Australian National University, Australia"Tony Thirlwall's latest edition is to be welcomed by anybody who teaches undergraduate development economics. With a new and more accurate title, Economics of Development provides thorough coverage of the major issues and theories in an easy to read style. The core equations for important models are clearly explained and illustrated with diagrams and recent data. Chapter 5 on 'Theories of Economic Growth' exemplifies the style: a history and exposition of theories from Adam Smith to the most recent growth diagnostics. A new chapter is added on the role of institutions and democracy. This will be a valuable textbook for lecturers and students." --Professor Oliver Morrissey, School of Economics, University of Nottingham