DEVELOPMENT ECONOMICS By H L AhujaDevelopment Economics, deals with the problems of economic growth, development and eradication of poverty and unemployment. Recently, the issue of environment and sustainable development has gained worldwide prominence. It describes and explains the models and theories of economic growth and development also critically evaluates them and shows to what extent they are relevant to the poor developing countries. Login Invalid login details. Register For New Account. Forgot Password Invalid Email Id. Chand Publishing Trim size : 6.
Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development , economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels. Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. The earliest Western theory of development economics was mercantilism , which developed in the 17th century, paralleling the rise of the nation state. Earlier theories had given little attention to development. For example, scholasticism , the dominant school of thought during medieval feudalism, emphasized reconciliation with Christian theology and ethics, rather than development.
Flyer Sample chapter. Recommend to library , View companion site. This classic, bestselling textbook provides a comprehensive introduction to the field of development economics. Balancing a historic approach with current data and references, it provides a wide-ranging analysis of the subject. This all-inclusive methodology succeeds at representing different schools of thought with a balance of micro and macro topics. He has lectured widely in developing countries and has been a consultant to several international development agencies including the African Development Bank and the Pacific Islands Development Programme in Hawaii.
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Make Your Own List. What is economic development? What does it take to make it happen? What can we learn from the days Britain was still a developing country? Eminent Indian economist, Pranab Bardhan , recommends the best books to better understand economic development. He has done theoretical and field studies research on rural institutions in poor countries, on political economy of development policies, and on international trade.