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International Handbook of Development Economics, Volumes 1 & 2
This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.
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Critical Acclaim
Contributors
Contents
More Information
This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.
After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers). Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives.
Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.
After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers). Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives.
Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.
Critical Acclaim
‘The essays are concise, yet comprehensive, and each essay contains a substantial set of references, which an interested researcher or student could follow up. . . In addition to representing multidisciplinary interactions, this collection encompasses several different perspectives within development economics, so the reader can learn, for example, both about neoclassical approaches and dependency theories in the same volume. This makes the collection unique and all the more valuable. . . This is a very good reference collection, as the individual essays are informative and provide a good overall perspective on the topic that they set out to address. The extensive bibliography at the end of each essay adds further value to this collection.’
– Ashwini Deshpande, Economic and Political Weekly
‘These new volumes impress along two dimensions. First, they highlight important connections between economic development and variables such as culture, warfare, and ethnicity, which are sometimes ignored by mainstream economists. Second, they analyze the economic development experience of different regions such as Africa, Latin America, and East Asia. . . a valuable reference for scholars and practitioners in the field. Highly recommended.’
– H.A. Faruq, Choice
– Ashwini Deshpande, Economic and Political Weekly
‘These new volumes impress along two dimensions. First, they highlight important connections between economic development and variables such as culture, warfare, and ethnicity, which are sometimes ignored by mainstream economists. Second, they analyze the economic development experience of different regions such as Africa, Latin America, and East Asia. . . a valuable reference for scholars and practitioners in the field. Highly recommended.’
– H.A. Faruq, Choice
Contributors
Contributors: D. Ahlburg, H. Alderman, P. Arestis, R. Auty, A.K. Bagchi, J.-M. Baland, V.N. Balasubramanyam, P. Bardhan, S. Basu, C.M. Becker, J.R. Behrman, A. Berry, N. Birdsall, G. Brown, H.J. Bruton, R. Cassen, O.S. Dahi, A. Damon, W.A. Darity Jr, F. Demir, S.N. Durlauf, A.K. Dutt, D. Dutta, D. Elson, P. Evans, R.E. Evenson, M. Fay, A. Fishlow, V. FitzGerald, J. Ghosh, P. Ghosh, B. Gibson, A.J. Glass, P. Glewwe, C.W. Gray, S. Griffith-Jones, M. Gutierrez, J. Hoddinott, R. Hoksbergen, Y. Huang, G.K. Ingram, H. Jager, K.P. Jameson, R. Jha, K.S. Jomo, G.L. Kaminsky, R. Knaack, A. Kotwal, A. Kourtellos, R. Kozul-Wright, H.D. Kurz, P.R. Masson, J. McPeak, P.J. Montiel, S.A. Morley, E.W. Nafziger, B.J. Ndulu, J.A. Ocampo, S.A. O’Connell, H. Pack, J.G. Palma, P. Patnaik, H.A. Patrinos, J.-P. Platteau, G. Psacharopoulos, L. Putterman, S. Radelet, K. Raffer, S. Rashid, J. Rattsø, P. Rayment, F.L. Rivera-Batiz, F. Rodríguez, J. Ros, K. Saggi, N. Salvadori, D. Sapsford, A. Sen, H. Shapiro, A. Solimano, L. Squire, F. Stewart, P. Streeten, B. Sutcliffe, M. Syrquin, C.M. Tan, V.E. Tokman, R.E. Triplett, G. Vaggi, C.K. Wilber
Contents
Contents:
Volume I
Preface
PART I: INTRODUCTION
1. The Meaning and Measurement of Development
Paul Streeten
2. Historical Perspectives on Development
Amiya Kumar Bagchi
3. Empirics of Growth and Development
Steven N. Durlauf, Andros Kourtellos and Chih Ming Tan
4. Structural Change and Development
Moshe Syrquin
5. Interdisciplinary Approaches to Development: The ‘Institutional’ Turn
Peter Evans
6. Data Problems and Empirical Modeling in Developing Economies
Bill Gibson
PART II: ALTERNATIVE APPROACHES TO DEVELOPMENT
7. Historical Antecedents of Development Economics
Gianni Vaggi
8. Classical Development Theory
Jaime Ros
9. Theories of Dependency
José Gabriel Palma
10. Structuralism
José Gabriel Palma
11. Marxism and Development
Bob Sutcliffe
12. Institutionalist Development Economics
Kenneth P. Jameson
13. Neoclassical Development Economics
Salim Rashid
PART III: MACROECONOMICS OF GROWTH AND DEVELOPMENT
14. General Long-run Approaches to Growth and Development
Amitava Krishna Dutt
15. New Growth Theory and Development Economics
Heinz D. Kurz and Neri Salvadori
16. Short-run Macroeconomic Issues in Development
Peter J. Montiel
17. Sectoral Interactions in Development
Jørn Rattsø
18. Open-Economy Issues in Development
José Antonio Ocampo
PART IV: FACTORS IN DEVELOPMENT
19. Savings, Investment and Capital Accumulation
Andrés Solimano and Mario Gutierrez
20. Role of Finance and Credit in Economic Development
Philip Arestis and Santonu Basu
21. Physical Infrastructure
Gregory K. Ingram and Marianne Fay
22. Population and Development
Dennis Ahlburg and Robert Cassen
23. Labor Markets in Developing Countries
Albert Berry
24. Education and Human Capital
George Psacharopoulos and Harry Anthony Patrinos
25. Health and Nutrition and Economic Development
Harold Alderman, Jere R. Behrman and John Hoddinott
26. Entrepreneurship and Development
E. Wayne Nafziger
27. Natural Resources and Development
Richard Auty
28. The Environment and Development
John McPeak
29. Technical Choice and Technological Change in Development
Howard Pack
PART V: SECTORS IN DEVELOPMENT
30. Factor Market Imperfections in Poor Agrarian Economies
Parikshit Ghosh and Ashok Kotwal
31. The Green Revolution
Robert E. Evenson
32. Industry and Industrial Policy
Helen Shapiro
33. The Informal Sector
Victor E. Tokman
34. Services and Development
Dilip Dutta
35. Urbanization and Rural–Urban Migration
Charles M. Becker
Index
Volume II
PART VI: INTERNATIONAL ISSUES
36. International Trade and Development
Francisco Rodríguez
37. Terms of Trade and Economic Development
David Sapsford
38. Trade Policy and Development
Henry J. Bruton
39. Foreign Direct Investment
V.N. Balasubramanyam
40. Private Capital Flows and Development
Stephany Griffith-Jones
41. International Capital Flows to Emerging Countries: Short- and Long-run Effects
Graciela L. Kaminsky
42. Foreign Aid
Steven Radelet
43. International Migration and the Brain Drain
Francisco L. Rivera-Batiz
44. International Technology Transfer: The Role of Foreign Direct Investment
Amy Jocelyn Glass and Kamal Saggi
45. International Institutions and Development
Kunibert Raffer
46. North–South Issues
Amitava Krishna Dutt
PART VII: DISTRIBUTION AND POVERTY
47. Measures of the Distribution of Income and their Interpretation in Developing Countries
Samuel A. Morley
48. Income Distribution: Effects on Growth and Development
Nancy Birdsall
49. Measuring Progress in Reducing Poverty
Lyn Squire
50. Gender Issues in Development
Diane Elson
51. Children and Development
Paul Glewwe and Amy Damon
52. Ethnicity and Economic Development
William A. Darity Jr and Russell E. Triplett
PART VIII: THE STATE, INSTITUTIONS AND DEVELOPMENT
53. The Role of the State and Markets in Development
Louis Putterman
54. Monetary Policy
Paul R. Masson
55. Fiscal Policy
Raghbendra Jha
56. Stabilization Policy and Structural Adjustment
Valpy FitzGerald
57. Economic Planning in Developing Economies
Bill Gibson
58. State-owned Enterprises and Privatization
Anindya Sen
59. Corruption and Development
Cheryl W. Gray
60. Law and Development
Pranab Bardhan
61. Institutions, Property Rights and Development
Jean-Philippe Platteau and Jean-Marie Baland
62. Culture and Development
Roland Hoksbergen and Charles K. Wilber
63. The Economics of War: Causes and Consequences
Frances Stewart and Graham Brown
PART IX: ECONOMIC DEVELOPMENT EXPERIENCE
64. Economic Development in the Third World: An International Perspective
Richard Kozul-Wright and Paul Rayment
65. Latin America and the Caribbean
Albert Fishlow
66. Sub-Saharan Africa
Benno J. Ndulu and Stephen A. O’Connell
67. The Middle East and North Africa
Omar S. Dahi and Firat Demir
68. China
Yasheng Huang
69. South Asia
Prabhat Patnaik and Jayati Ghosh
70. The East Asian Newly Industrializing Countries
K.S. Jomo
71. Transition Economies: Lessons for Development
Ruud Knaack and Henk Jager
Index
Volume I
Preface
PART I: INTRODUCTION
1. The Meaning and Measurement of Development
Paul Streeten
2. Historical Perspectives on Development
Amiya Kumar Bagchi
3. Empirics of Growth and Development
Steven N. Durlauf, Andros Kourtellos and Chih Ming Tan
4. Structural Change and Development
Moshe Syrquin
5. Interdisciplinary Approaches to Development: The ‘Institutional’ Turn
Peter Evans
6. Data Problems and Empirical Modeling in Developing Economies
Bill Gibson
PART II: ALTERNATIVE APPROACHES TO DEVELOPMENT
7. Historical Antecedents of Development Economics
Gianni Vaggi
8. Classical Development Theory
Jaime Ros
9. Theories of Dependency
José Gabriel Palma
10. Structuralism
José Gabriel Palma
11. Marxism and Development
Bob Sutcliffe
12. Institutionalist Development Economics
Kenneth P. Jameson
13. Neoclassical Development Economics
Salim Rashid
PART III: MACROECONOMICS OF GROWTH AND DEVELOPMENT
14. General Long-run Approaches to Growth and Development
Amitava Krishna Dutt
15. New Growth Theory and Development Economics
Heinz D. Kurz and Neri Salvadori
16. Short-run Macroeconomic Issues in Development
Peter J. Montiel
17. Sectoral Interactions in Development
Jørn Rattsø
18. Open-Economy Issues in Development
José Antonio Ocampo
PART IV: FACTORS IN DEVELOPMENT
19. Savings, Investment and Capital Accumulation
Andrés Solimano and Mario Gutierrez
20. Role of Finance and Credit in Economic Development
Philip Arestis and Santonu Basu
21. Physical Infrastructure
Gregory K. Ingram and Marianne Fay
22. Population and Development
Dennis Ahlburg and Robert Cassen
23. Labor Markets in Developing Countries
Albert Berry
24. Education and Human Capital
George Psacharopoulos and Harry Anthony Patrinos
25. Health and Nutrition and Economic Development
Harold Alderman, Jere R. Behrman and John Hoddinott
26. Entrepreneurship and Development
E. Wayne Nafziger
27. Natural Resources and Development
Richard Auty
28. The Environment and Development
John McPeak
29. Technical Choice and Technological Change in Development
Howard Pack
PART V: SECTORS IN DEVELOPMENT
30. Factor Market Imperfections in Poor Agrarian Economies
Parikshit Ghosh and Ashok Kotwal
31. The Green Revolution
Robert E. Evenson
32. Industry and Industrial Policy
Helen Shapiro
33. The Informal Sector
Victor E. Tokman
34. Services and Development
Dilip Dutta
35. Urbanization and Rural–Urban Migration
Charles M. Becker
Index
Volume II
PART VI: INTERNATIONAL ISSUES
36. International Trade and Development
Francisco Rodríguez
37. Terms of Trade and Economic Development
David Sapsford
38. Trade Policy and Development
Henry J. Bruton
39. Foreign Direct Investment
V.N. Balasubramanyam
40. Private Capital Flows and Development
Stephany Griffith-Jones
41. International Capital Flows to Emerging Countries: Short- and Long-run Effects
Graciela L. Kaminsky
42. Foreign Aid
Steven Radelet
43. International Migration and the Brain Drain
Francisco L. Rivera-Batiz
44. International Technology Transfer: The Role of Foreign Direct Investment
Amy Jocelyn Glass and Kamal Saggi
45. International Institutions and Development
Kunibert Raffer
46. North–South Issues
Amitava Krishna Dutt
PART VII: DISTRIBUTION AND POVERTY
47. Measures of the Distribution of Income and their Interpretation in Developing Countries
Samuel A. Morley
48. Income Distribution: Effects on Growth and Development
Nancy Birdsall
49. Measuring Progress in Reducing Poverty
Lyn Squire
50. Gender Issues in Development
Diane Elson
51. Children and Development
Paul Glewwe and Amy Damon
52. Ethnicity and Economic Development
William A. Darity Jr and Russell E. Triplett
PART VIII: THE STATE, INSTITUTIONS AND DEVELOPMENT
53. The Role of the State and Markets in Development
Louis Putterman
54. Monetary Policy
Paul R. Masson
55. Fiscal Policy
Raghbendra Jha
56. Stabilization Policy and Structural Adjustment
Valpy FitzGerald
57. Economic Planning in Developing Economies
Bill Gibson
58. State-owned Enterprises and Privatization
Anindya Sen
59. Corruption and Development
Cheryl W. Gray
60. Law and Development
Pranab Bardhan
61. Institutions, Property Rights and Development
Jean-Philippe Platteau and Jean-Marie Baland
62. Culture and Development
Roland Hoksbergen and Charles K. Wilber
63. The Economics of War: Causes and Consequences
Frances Stewart and Graham Brown
PART IX: ECONOMIC DEVELOPMENT EXPERIENCE
64. Economic Development in the Third World: An International Perspective
Richard Kozul-Wright and Paul Rayment
65. Latin America and the Caribbean
Albert Fishlow
66. Sub-Saharan Africa
Benno J. Ndulu and Stephen A. O’Connell
67. The Middle East and North Africa
Omar S. Dahi and Firat Demir
68. China
Yasheng Huang
69. South Asia
Prabhat Patnaik and Jayati Ghosh
70. The East Asian Newly Industrializing Countries
K.S. Jomo
71. Transition Economies: Lessons for Development
Ruud Knaack and Henk Jager
Index