Principles and concepts -- Economics, institutions, and development -- Comparative economic development -- Classic theories of economic growth and development -- Contemporary models of development and underdevelopment -- Problems and policies : domestic -- Poverty, inequality, and development --...

International joint ventures (JV) are popular institutional forms chosen by the less developed countries (LDCs) to attract foreign Investments. In this paper we describe a set up where a multinational firm (MNF) decides on the volume of investment and the LDC gov-ernment offers a package...

For courses on economic development A complete, balanced introduction to the theory, issues, and latest research. Economic Development,Twelfth Edition-the leading textbook in this field-provides students with a complete and balanced introduction to the requisite theory, driving policy issues,...

This paper focuses on the interactions between local communities having at least some degree of informal claims over natural resources and external agents, particularly firms interested in commercial resource exploitation. The paper makes three contributions to the existing literature. First,...