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Economic Development, the leading textbook in this field, provides your students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries

Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The book is suitable for those with a background in economics principles. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing countries.

This contains a summary of economic development in the year 1967 on the Navajo Nation. Two industrial buildings meant for electronic work were built. General Dynamics was established in Fort Defiance, Arizona with the anticipation of employing 250 people. Another industry was built in Page, Arizona: EPI Vestron. Both plants were viewed as a major contributor to the economic growth and were a source of employment for Navajo people. BIOGRAPHICAL NOTE: Raymond Nakai, a Navajo Indian, was born in 1918 in Lukachukai, Arizona, on the Navajo Reservation. Raymond Nakai is noted as being the first modern Navajo political leader serving as Chairman of the Navajo Nation from 1963-1971. As chairman, the issues most important during his tenure were self determination in Navajo Education, reservation unemployment, developing Navajo economy, further development of the tribal government and improving relations with the federal government and surrounding states. Nakai had much unprecedented success as Navajo Tribal Chairman: In 1967 the Navajo Nation Bill of Rights was created, in 1968 Navajo Community College opened being the first tribally controlled community college, the Tribal Scholarship Trust was developed, relations with off reservation natural resource companies began, he was supportive of religious freedom of the Native American Church on the Navajo Reservation. Raymond Nakai led an active personal and political life and was an innovative leader for the Navajo People. The Raymond Nakai Collection contains material documenting his activities as Chairman of the Navajo Nation from 1963 - 1971.

Economic development is a process aimed at improving the quality of life of the citizens which can be achieved by increasing the national income. This increase includes: increased household income (employee salaries and self-employed profits), and no less important, increased taxes which would facilitate an improvement in the services that citizens receive from government system. To achieve improved quality of life, it is important that the additional income does not simultaneously increase the disparity between rich and poor (which is liable to occur if the main beneficiaries of the increase in income are the financiers and the managerial level). It should also not lead to an increase in unemployment (as sometimes occurs when companies go through a streamlining process), or cause environmental pollution. Additionally, to improve the quality of life, attention must be given to other areas such as education, culture, health, etc. which all require extensive resources, and their development is therefore also a matter of economic interest. The goal of this article is to present the principles and processes required to facilitate economic development without harming other components that comprise the quality of life.