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The decade of the 1980s represented a notable deviation from the
widespread and significant development advances of the previous 30
years. This was reflected in an extensive re-examination of the
theoretical and empirical bases of development economics.This major
new book - written by a group of distinguished economists -
provides the new directions needed for confronting the continuing
challenge of development. Lance Taylor, Joseph Stiglitz and Amitava
Dutt focus primarily on recent theoretical developments and
highlight significant advances in several areas especially in new
structuralist and new neoclassical approaches. Ajit Singh, Keith
Griffin and Kenneth Jameson present a refreshing perspective on the
recent experience of developing countries and the prospects of
development in coming decades. The main thesis of the book is that
the 1980s represented a clear break in the development processes,
but the 1990s and beyond hold the possibility of a viable
re-direction of development and development economics.
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