This textbook is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined....

Chapter 1. introduction -- Chapter 2. Two-Period Model of Government Investment -- Chapter 3. Politics and Corruption in the Two-Period Model -- Chapter 4. Overlapping-Generations Model of Growth -- Chapter 5. Fiscal Policy in the Overlapping-Generations Model. Chapter 5. Politics, Corruption,...