After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure...

This text provides a critical interdisciplinary introduction to the theory, practice and study of development. The thoroughly revised and updated new edition takes account of the impact of the global financial crisis, the economic rise of China and India and the further ramifications of global...