Economic Development: A Regional, Institutional, and Historical Approach

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M.E. Sharpe, 2007 - Business & Economics - 320 pages
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This innovative introductory text on economic development 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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Contents

Introduction to Economic Development
3
Tables
7
TABLES FIGURES AND MAPS
11
Steadystate Growth
37
European Emergence
39
viii
73
Absolute Convergence
114
SubSaharan Africa
117
European land in the Americas
196
Latin America
197
The Middle East and North Africa
225
Socialist to Market
251
China and Russia 250
272
What Have We Learned?
290
About the Authors
301
Figures
309

South Asia
152
South Asia
153

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About the author (2007)

Richard Grabowski is in the Department of Economics, Southern Illinois University at Carbondale, USA.

Bibliographic information