Economic development : a regional, institutional, and historical approach

XV, 320 S.

graph. Darst., Kt.

Includes bibliographical references and index

Introduction to economic development. Growth versus development. What is economic growth? What is economic development? Commonly used measures of development. Why is GDP still used? History of development theory. Classical school. Tradition and development. Models of industrialization. Neoclassical growth and convergence. New growth/endogenous growth. Changes in recent development thinking -- European emergence. Growth during the Industrial Revolution. Agricultural growth. Proto-industrialization and trade. Exploitation and slavery. The evolution and role of political institutions. Culture and nationalism. Culture and technology -- East Asian experience. Early experiences of Japan and China. Catching up : a neoclassical view. Catching up : a role for the state. Catching up : Japanese success. Catching up : early Chinese failure. Taiwan and Korea -- Sub-Saharan Africa. Pre-colonial period. The Colonial era. Patron-client political structure. Urban based policy. Urban bias and migration. Risk management and lineage groups. Lineage groups, fertility and the demographic transition. The failed state. Botswana : a success story -- South Asia. Pre-independence India. India after independence. Population growth and unemployment. Dependence on agriculture. Religion and caste. Gender bias. Education -- Latin America. The emergence of Spain. The colonial period. Independence and trade. Export expansion and growth. Import substitution industrialization. Globalization and the IMF. Inflation. Population growth. Solving the commitment problem -- The Middle East and North Africa. Early economy in the Pre-Colonial era. The Pre-Colonial and Colonial era. The emergence of nation states. Petroleum exports and the petroleum exporters. Petroleum and non-petroleum exporters in MENA -- Economies in transition : socialist to market. Economic systems. Economic performance of socialism. Some analysts on transition. The Russian experience. The Chinese experience. Explanation for different reform paths. Sustainable growth -- Conclusions: what have we learned? Efflorescence. Impact of colonization. Role of the state. Role of democracy. Tying it all together

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