Economic Development: A Regional, Institutional, and Historical Approach - Softcover

Grabowski, Richard; Self, Sharmistha; Shields, William

 
9780765617538: Economic Development: A Regional, Institutional, and Historical Approach

Synopsis

This innovative textbook provides an introduction to economic development in both an historical and contemporary, comparative, and systems framework. The text takes a regional approach, with the theory developed within regional contexts. This leads to the second innovative aspect, an emphasis on institutional structures unique to each region. Third, the authors analyze the development process within the historical context of each region, and consider institutional inheritance from both the pre-colonial and colonial eras and in contemporary times. Thoroughly classroom tested, the text requires no previous courses in economics, although basic principles of economics would be useful. An Instructor's Manual with discussion questions, a test bank, and PowerPoint slides is available online to instructors who adopt the text.

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Review

"The book covers the intellectual ground that a liberally educated student needs to grapple with to understand the complexity of economic development. For many years political scientists and economists have presented overly simplistic models and frameworks for understanding economic development that cannot withstand critical analyses of many individual country cases. By focusing on political economy in its cultural, religious and historical roots, as well as leadership decisions, it spurs critical thinking. Working through the unique development paths of individual countries promotes integrative thinking and a strong sense of realism about both the prospects and challenges of economic development in our rapidly emerging global economy and highly conflicted global society." - Henry Smorynski, Provost, College of St. Benedict / St. John's University"

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