We consider a simple two-country model, where each country produces a consumption good from a single input. Production takes time, and the model is considered over two consecutive periods. There are three categories of economic agents, namely factor owners, entrepreneurs, and financial...

"This book brings non-expert readers to the frontier of economic development. How governments actually function, the basics of economic policy, new tools for social assistance, the reality of Africa, and the challenges of inclusion, education, health, infrastructure, data, foreign aid, among...

Preface: whom is this book for? -- Acknowledgments -- Overview: what is economic development and what does this book say about it? -- Governments : one day, they will work for you -- Economic policy : the basics you¿ve got to get right -- Social policy : old war, new weapons -- Inclusion :...