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Frontmatter -- Contents -- List of Sidebars -- List of Figures and Tables -- 1. What Development Economics Is All About -- 2. What Works and What Doesn't? -- 3. Income -- 4. Poverty -- 5. Inequality -- 6. Human Development -- 7. Growth -- 8. Institutions -- 9. Agriculture -- 10. Structural Transformation -- 11. Information and Markets -- 12. Finance -- 13. International Trade and Globalization -- Epilogue -- Notes -- Index

What development economics is all about -- What works and what doesn't? -- Income -- Poverty -- Inequality -- Human development -- Growth -- Institutions -- Agriculture -- Structural transformation -- Information and markets -- Credit and insurance -- International trade and globalization -- Choose your own epilogue -- Notes.

This IEA volume brings together a set of essays written by leading authors on themes relevant to the study of economic development. The book covers a range of topics many of which are relevant to policy issues. The contributors bring new insights from empirical research in a range of economies with chapters including discussions of the UN development agenda, fiscal policy in Latin America, poverty data in Africa and Jordan, and monetary policy in South Africa. Contemporary Issues in Development Economics is an essential read for researchers, scholars and policymakers interested in economic development in low- and middle-income countries.

AbstractAchieving greater geographical diversity in economics in general, and in the field of development in particular, is a desirable objective due to ethical and utilitarian reasons. In this article, we analyze geographical diversity in the main academic journals of the discipline, providing a detailed look at articles written in collaboration between researchers from developed and developing countries. Our results confirm the striking prevalence of articles written by researchers based in developed countries. We also detect an increase in collaborative research in time and highlight the importance of non‐academic institutions in the conformation of these collaborative research teams. In terms of contents, most of these collaborations address the study of a country or a region, and many of them are empirical, mainly using quantitative approaches. Integrating a collaborative research team allows researchers located in the developing world to publish in higher quality journals and get more impact, at least in terms of citations.

Klappentext: "Following the 2007-2009 financial and economic crises, there has been an unprecedented demand among economics students for an alternative approach, which offers a historical, institutional and multidisciplinary treatment of the discipline. Economic development lends itself ideally to meet this demand, yet most undergraduate textbooks do not reflect this. This book will fill this gap, presenting all the core material needed to teach development economics in a one semester course, while also addressing the need for a new economics and offering flexibility to instructors. Rather than taking the typical approach of organizing by topic, the book uses theories and debates to guide its structure. This will allow 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. The book can be used as a standalone textbook on development economics, or to accompany a more traditional text."

There are many ways we could approach the history of
development economics. We could tell a story of theories replacing and
supplementing each other, finishing with the current body of knowledge.
Alternatively we could explore the relationship between the evolution of
theory and the development experience. Another way of telling the story
would be to put the evolution of theory in a wider social, political and
philosophical context and explore the interactions. This historical
outline will be mainly restricted to the first and simplest method but
at certain points where insights from the other two methods can be
gained they will be used. Searching for the roots of development
economics is also problematic. One possible beginning for this
historical outline would be the beginnings of peoples reflections on the
evolution of societies, perhaps to the reflections embodied in early
mythology. A less extreme approach would begin with the first systematic
reflections on the material progress of societies. Moving closer to the
approach of most histories of development economics we could begin with
systematic reflections on the first industrial revolutions in Europe or
finally we could begin after World War II when this sort of enquiry was
applied to Asia, Africa and Latin America and began to be called
development economics. The beginning chosen depends on the purpose of
the history, and here because the focus is on the academic discipline of
development economics the story will begin after WWII.

Development economics has struggled to understand the conditions of Africa and Africans. However, the nature of this critique, the alternative to development economics, and the challenges of the existing revisionism of today have not, as yet, received the attention of political economists. As this body of work is relevant to the current debates on Africa's underdevelopment, and development economics more generally, the present article attempts to fill this gap. The article accepts the classic criticisms that mainstream development economics does not provide an effective approach to studying inequality, that it is Western-centric in both its concepts and vision of the good society, and that these analytical problems have contributed to worsening social conditions in Africa because they have shaped African development policy. However, it departs from the existing approaches of locating these problems in the realm of ideas and looks to the nexus between ideas, materialism, and history. So, the widespread view that it is the reliance on problematic concepts and on unreliable official statistics that constitute the sources of these problems is questioned. Instead, the article extends the premise to both the ontology and the central methodology of mainstream development economics. It cautions against the preference for an indigenous economics as panacea and questions the revisionism of today—that is, the push for a marriage between anthropology and economics. Although clearly much stronger on analyzing entire economic systems and, indeed, on addressing some of the classical problems in development economics, the alternatives do not succeed in probing intergroup inequalities. The development of the emergent field of stratification economics by black political economists is defended as a more fruitful alternative. ; Peer reviewed

The present book is an introduction to Development Economics, International Economics, and elementary Statistics for students. It focuses largely on the economics of development of poor countries, and will be highly relevant for understanding various developmental problems-such as poverty, inequality, population growth, problems of capital formation, poor level of HDI-that are faced by the countries of Asia, Africa, Latin America. The book has been written considering the principle of 'comparative advantage' of the two authors. Their individual gains from specialization are expected to stimulate further interest in both Economics and Statistics.

Most development economists are versed only in the post-World War II period of their subject. But economic growth was a major concern in the 18th century, and colonial economics and policy commanded much attention in the 19th and first half of the 20th centuries. A return to these earlier concerns can now provide present-day development economists with a greater appreciation of the intellectual history of their subject. Even more, such a return might strengthen the conceptual and empirical foundations of the subject. These are this book's objectives.