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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. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you will receive via email the code and instructions on how to access this product. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

In the ten years of Communist rule since late 1949 a thoroughgoing revolution has taken place on the Chinese mainland in economic organisation, savings and investment, and distribution, with profound effects on the daily lives of the people. Peking has claimed that immense progress has been made on all economic fronts, including the real income of industrial and agricultural workers. It has felt confident enough to shorten from fifteen to ten years (beginning 1958) the target period at the end of which its output of electric power and certain major industrial goods would match or exceed that of Britain. In the non-Communist world, commentators vary greatly in their judgments; they range from those who reject all the official statistics and consider no important progress to have been made during the period, to those who not only accept the claims in tato but have advanced all sorts of arguments to defend even those claims that Peking has later had to repudiate.