Lance Taylor is widely considered to be one of the pre-eminent development economists in the world and is known for his work on development planning, macroeconomics of development, stabilization policy, and the global economy. He has also been the major force behind structuralist economics,...

Contents: Introduction -- 1. Several Central Debates in Development Macroeconomics -- 2. Key Principles of Macroeconomics -- 3. Giving Space to the Public Sector -- 4. The Domestic Economy and the Rest of the World -- 5. A Reform to Remove the External Constraint -- 6. Macroeconomic Strategies...