Introduction to Development Economics

The third edition of "Introduction to Development Economics" provides a detailed analysis of the major economic issues confronting less developed countries. The author keeps a balance between the theories of economic growth and the realities of economic development. Although the basics remain, the past few years have witnessed changes in emphasis and the rise of new areas of interest. The new edition takes account of these changes. These include development and the environment, the international debt crisis, endogenous growth, the impact of foreign aid, fiscal reforms, migration, human capital, and problems of trade liberalization. The book is divided into four sections and new tables have been added to provide up-to-date statistical data, whilst more technical sections have been relegated to appendices.