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The Process of Economic Development (Hardcover, 5th edition)
Loot Price: R5,353
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The Process of Economic Development (Hardcover, 5th edition)
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The fifth edition of The Process of Economic Development offers a
thorough and up-to-date treatment of development economics. It has
been extensively revised throughout, reflecting the most recent
developments in research and incorporating the latest empirical
data, as well as key theoretical advances and many new topics. The
world has seen vast economic growth in China, economic
transformation in India, new challenges in Latin America, rapid
economic progress in Southeast Asia, and the deepening impact of
environmental issues such as climate change. This new edition
addresses all these critical issues as well as the pivotal role of
the state, where China's capacity is contrasted with that of
African states. Transnational corporations' reliance on low-wage
manufacturing and labor arbitrage is featured in the book.
Agricultural policy-extensively explored-remains crucial, as does
the promotion of industrialization. This fifth edition offers a
'state-of-the-art' analysis of these essential themes and many
others. Numerous case studies and issue focuses have been
integrated with sundry central topics. Neoclassical theories and
applications, including a timely exploration of behavioral
economics, are both rigorously and accessibly explicated. Cypher's
comprehensive account remains the development economics text par
excellence, as it takes a much more practical, hands-on view of the
issues facing the developing countries than other, overly
mathematical texts. This book is unique in its scope and in the
detailed attention it gives to a vast range of ideas, including
pioneering developmentalist and heterodox formulations. Distinct
institutional structures are examined within their historical
contexts. This landmark text will continue to be an invaluable
resource for students, teachers, and researchers in the fields of
development economics and development studies.
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