Preface -- Acknowledgements -- Acronyms and abbreviations -- Structural transformation in developing countries -- Employment -- Productivity growth -- Urbanization -- Industrialization -- Poverty -- Role of the state and policy -- Index

1. Introduction -- 2. Developing country growth and the commodity terms of trade -- 3. The statistical properites of commodity prices -- 4. Country case studies : primary commodities and economic development -- 5. Conclusion : commodity dependence in developing countries: economic destiny or...

In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of...

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