The Development Economics Reader

by Secondi, Giorgio

• ISBN13: 9780415771573
• ISBN10: 0415771579
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 2008-06-16
• Publisher: Routledge

Summary

This book draws together the most authoritative articles on development economics published in the past few years, is aimed at undergraduate level and is suitable for students with little or no background in economics. The main themes include poverty, foreign aid, agriculture and human capital, with essays by such luminaries as Amartya Sen, Jeffrey Sachs, Jagdish Bhagwati, Joseph Stiglitz, Paul Romer, Dani Rodrik, William Easterly, Robert Barro, Kenneth Arrow, Hernando de Soto, Daron Acemoglu, Muhammad Yunus, Anne Krueger, Abhijit Banerjee, Esther Duflo, Michael Kremer and Martin Feldstein. The reader focuses on the most recent and up-to-date contributionsto the field of development economics. Instead of collecting "classic" contributions'¬ ;which are already available through many sources'¬ ;the articles chosen reflect recent developments in the discipline (for instance, in the area of geography and development) and include contributions that address recent events (the dramatic resurgence of a debt relief movement). The Development Economics Readershould be an invaluable resource for all students of the discipline.

Table of Contents

Notes on contributors	p. xiii
Preface	p. xvii
Acknowledgements	p. xxi
Economic growth, economic development, and human development
New Directions in Development Thinking	p. 9
The Human Development Paradigm	p. 28
Perspectives on the Economic Development of India and China	p. 34
The Poor and the Rich	p. 42
Beyond Classical and Keynesian Macroeconomic Policy	p. 49
Dependency Theory: An Introduction	p. 58
Suggestions for further reading	p. 65
Geography, institutions, and governance
Root Causes: A Historical Approach to Assessing the Role of Institutions in Economic Development	p. 73
The Primacy of Institutions (And What This Does and Does Not Mean)	p. 79
Institutions Matter, But not for Everything: The Role of Geography and Resource Endowments in Development Shouldn't be Underestimated	p. 86
Democracy and Growth	p. 92
The Mystery of Capital	p. 99
Why the Middle east is Economically Underdeveloped: Historical Mechanisms of Institutional Stagnation	p. 107
Suggestions for further reading	p. 126
Beyond growth: inequality and poverty
Inequality Matters	p. 135
The Economic Lives of the Poor	p. 146
New Thinking About an Old Problem	p. 172
Engendering Development: Through Gender Equality in Rights, Resources, and Voice	p. 177
Women's Agency and Social Change	p. 184
Suggestions for further reading	p. 200
People in development: population growth, health, education, and child labor
Fanisi's Choice	p. 213
The Ultimate Resource 2	p. 233
Health, Wealth, and Welfare	p. 248
Pharmaceuticals and the Developing World	p. 258
New Antimalarial Drugs: Biology and Economics Meet	p. 281
The Learning Deficit	p. 285
The Ten-Cent Solution	p. 288
A World of Opportunity	p. 292
Third-World Families at Work: Child Labor or Child Care?	p. 296
International Labor Standards and Child Labor	p. 300
Child Labor in the Global Economy	p. 308
Suggestions for further reading	p. 330
Agriculture, the environment, and sustainable development
Productivity Growth in World Agriculture: Sources and Constraints	p. 337
The Next Green Revolution	p. 359
From the Green Revolution to the gene Revolution: Review of Agricultural Biotechnology: Meeting the Needs of the Poor?	p. 362
What is Sustainable Development?: Goals, Indicators, Values, and Practice	p. 367
Suggestions for further reading	p. 388
Financial markets and microcredit
Unleashing India's Potential: The Key is to Modernize the Financial System	p. 395
Banker to the Poor: Micro-Lending and the Battle Against World Poverty	p. 401
Small Change: Bank that Pioneered Loans for the Poor hits Repayment Snag	p. 412
The Hidden Wealth of the Poor	p. 418
Suggestions for further reading	p. 424
Globalization and financial crises
Why Trade Liberalisation is Good for Growth	p. 433
Poverty: Enhanced or Diminished?	p. 443
Trading in Illusions	p. 460
Social Justice and Global Trade	p. 469
Argentina's Fall	p. 474
How to Run the International Monetary Fund	p. 480
Suggestions for further reading	p. 485
Foreign aid and debt relief
Aid and Growth	p. 495
Making Aid Work	p. 503
We Must Tackle Development Problems at the Level of the Economy as a Whole	p. 510
Upstairs, Downstairs	p. 513
Debt Relief	p. 516
Can Extreme Poverty be Eliminated?	p. 524
How to Help Poor Countries	p. 530
Suggestions for further reading	p. 542
Index	p. 544
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