*Update of a successful text; 30% new material includes theories from Piketty, Florida, Easterly, and Escobar. *Incorporates the latest quantitative information, presented in lucid, accessible language. *Offers a critical survey of major theories of development, addressing hot topics such as climate change, the global financial crisis, and the private ownership of finance capital. *Connects theoretical perspectives to real-world events and reveals points of contention among different schools of thought, providing a complete view of development. *Analyzes the full range of classical, neoclassical, and critical theories of development.

*Update of a successful text; 30% new material includes theories from Piketty, Florida, Easterly, and Escobar. *Incorporates the latest quantitative information, presented in lucid, accessible language. *Offers a critical survey of major theories of development, addressing hot topics such as climate change, the global financial crisis, and the private ownership of finance capital. *Connects theoretical perspectives to real-world events and reveals points of contention among different schools of thought, providing a complete view of development. *Analyzes the full range of classical, neoclassical, and critical theories of development.