Now in its seventh edition, Leading Issues in Economic Development introduces a new co-author, James E. Rauch. Maintaining the unique structure that the book has established over the last 35 years, Rauch has revised and updated this seventh edition to strengthen the analytical and quantitative dimensions and to clarify contemporary and future problems of development policy. The co-authors integrate the most insightful materials in this wide-ranging field, offering students the opportunity to experience a variety of perspectives while helping them to keep sight of overarching themes. This edition adds two new chapters: "Income Distribution" and "Development and the Environment." It also now consolidates several chapters and increases the number of selections from leading professional journals. In this edition, both the selections and the authors' own overviews, notes, comments, and exhibits make greater use of empirical analysis as well as modern economic theory. In all, Leading Issues in Economic Development provides fresh and serious attention to the interplay between development experience, changing views of economists, and policy.
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Gerald M. Meier, Konosuke Matsusita Professor of International Economics and Policy Analysis, Stanford University. James E. Rauch, Professor of Economics, University of California, San Diego.
Exceptional! This compilation covers the various topics of development with understandable yet substantive articles that are relevant and current."--Noemi Espinoza-Madrid, New School University
Praise for the previous edition
"A splendid book...it covers so many topics with such clarity and judgment. It is a real delight to use it for our course as a main text."--Amartya Sen, Harvard University and 1998 Nobel Laureate in Economics
"As always, a very impressive collection of classic and recent contributions!"--James Cobbe, Florida State University
"An excellent reference source for students of development. It is comprehensive, balanced, and provides an excellent reference text for students to follow according to their individual interests."--Chris Barrett, Utah State University
"This book has become a classic in development. I do not think you can teach the subject nowadays without at least recommending some articles out of this book to your students."--Hassan Y. Aly, Ohio State University
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