Development Economics : A Critical Introduction.

Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Figures -- List of Tables -- Preface -- PART I: Background -- 1. Introduction -- What is development economics? -- Is "development economics" really a field? -- Paradigms, approaches and method in development economics -- Terms and concepts central to identifying alternative approaches -- Terms of reference to nation states in development economics -- Alternative approaches -- Differentiating approaches -- Summary and conclusions -- Questions and exercises -- Notes -- References -- 2. Data and their use in development economics -- Introduction -- Alternative forms of data collection -- Illustrating data use -- Summary and conclusion -- Questions and exercises -- Notes -- References -- 3. Commonalities and differences among low and low middle income countries -- Introduction -- Classification variable: PCGDP -- Commonalities -- Colonialism and neo-colonialism20 -- Limits to generalization -- Comparative initial conditions -- Current environment -- Summary and conclusions -- Questions and exercises -- Notes -- References -- 4. Poverty, inequality and some proposed solutions -- Introduction -- Absolute poverty -- Inequality -- Poverty alleviation initiatives -- Summary and conclusions -- Appendix 4.1: Environment Kuznets curve -- Questions and exercises -- Notes -- References -- PART II: Key approaches to economic development and the middle income trap -- 5. Classical and radical antecedents of development economics -- Introduction -- Classical political economists -- The heterodox tradition -- Summary -- Appendix 5.1: Theories of absolute and comparative advantage -- Questions -- Notes -- References -- 6. Developmentalists and developmentalism -- Introduction -- Developmentalism -- Thinkers and theories -- Case for industrialization.

Assessment of developmentalist thought -- Questions and exercises -- Notes -- References -- 7. Neo-Marxism, structuralism and dependency theory -- Introduction -- Neo-Marxism -- Structuralism -- Dependency15 -- Prescriptions -- Summary and conclusions -- Questions and exercises -- Notes -- References -- 8. Neoliberalism and its critics -- Introduction -- The rise of neoliberalism -- The Washington Consensus as an alternative to developmentalism -- Criticisms of neoliberal concepts and policy package19 -- Evidence on structural adjustment26 -- Why does neoliberalism persist?37 -- Summary -- Appendix 8.1: Post Washington Consensus and its radical critique -- Questions and exercises -- Notes -- References -- 9. New developmentalism: industrial policy, policy space and premature deindustrialization debates -- Introduction -- Key features of new developmentalism3 -- The post-developmentalist case for industry -- The industrial policy debate -- The policy space debate -- Premature deindustrialization -- Summary -- Questions -- Notes -- References -- 10. Is there a middle income trap? -- Introduction -- Theory -- Evidence -- Escaping the trap -- Conclusion -- Questions and exercise -- Notes -- References -- PART III: How key approaches play into some key debates -- 11. Debates on foreign aid -- Introduction -- Definition and kinds of foreign aid -- Donors and recipients -- Rationale for aid -- The early debates -- More recent debates -- Evidence -- Making aid effective -- Debt -- Summary and conclusion -- Questions -- Notes -- References -- 12. Debates on foreign direct investment -- Introduction -- Types of foreign investment and associated issues -- Destination and sources -- Rationale for FDI -- Critique of MNCs -- L/LMIC motivation and bargaining -- Evidence -- Bilateral investment agreements (BITs)17 -- Summary and conclusions.

Questions and exercises -- Notes -- References -- 13. Debates on agriculture/sustainable agriculture -- Introduction -- The agricultural productivity gap -- Regional commonalities and differences in L/LMIC agricultures -- Summary and conclusions -- Questions and exercises -- Notes -- References -- 14. Debates on technology and addressing environmental problems/green industrial policy -- Introduction -- Productivity gap -- Historic debates on technology6 -- Debates on analyzing and addressing environmental problems18 -- Green industrial policy27 -- Automation36 and industrialization in L/LMICs37 -- Summary and conclusions -- Questions -- Notes -- References -- PART IV: Conclusion -- 15. Catch-up growth: finding a trigger -- Introduction -- Defining effective government and describing a hypothetical catch-up growth process -- Predation as a barrier to catch-up growth -- Some possible triggers -- What is new about new developmentalism and how does equity play into it? -- Evidence for equity as a trigger in the new developmentalist approach -- Conclusion -- Questions and exercises -- Notes -- References -- Index.

This book presents all the core material needed to teach development economics in a one semester course. The book allows students to see different perspectives on key development questions, and therefore to understand more fully the contested nature of many key areas of development economics.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.