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Books > Business & Economics > Economics > Economic theory & philosophy
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Understanding Economic Development - A Global Transition from Poverty to Prosperity? (Paperback)
Loot Price: R1,322
Discovery Miles 13 220
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Understanding Economic Development - A Global Transition from Poverty to Prosperity? (Paperback)
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This fascinating book considers one of the most important problems
in economics: the inception of modern economic development. There
is at present no satisfactory explanation of the inception of
modern economic development; an excessive focus on either pure
theory or on unique histories limits the explanatory power. This
book realises the need to integrate the two approaches, moving
beyond the proximate causes of economic theory to review the role
in an analytic narrative of significant ultimate causes -
geography, risk environments, human capital, and institutions.
Colin White distils the conclusions of a vast literature, drawing
from economics, economic history and business and management,
exploring economic theory, demonstrating limitations and
highlighting alternative approaches. Particular attention is paid
to the appropriate role of innovative entrepreneurs and of
government, and three case studies illustrate how to build an
analytic narrative. Showing how far we can generalise about the
determinants of economic development and in particular how to
understand the specific determinants in individual countries, this
book will prove a stimulating and thought provoking read to
academics, students and researchers with an interest in economics
and economic development.
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