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Development Economics - 9780691017068

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Development Economics
ISBN
9780691017068
Publication Year
1998
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Development Economics
Item Height
254mm
Author
Debraj Ray
Publisher
Princeton University Press
Item Width
178mm
Subject
Government, Business, Economy & Industry
Item Weight
1673g
Number of Pages
872 Pages

About this product

Product Information

The study of development in low-income countries is attracting more attention around the world than ever before. Yet until now there has been no comprehensive text that incorporates the huge strides made in the subject over the past decade. Development Economics does precisely that in a clear, rigorous, and elegant fashion. Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. A common point of view underlies the treatment of these subjects: that much of the development process can be understood by studying factors that impede the efficient and equitable functioning of markets. Diverse topics such as the new growth theory, moral hazard in land contracts, information-based theories of credit markets, and the macroeconomic implications of economic inequality come under this common methodological umbrella. The book takes the position that there is no single cause for economic progress, but that a combination of factors - among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance - consistently favour development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum. Development Economics will be the definitive textbook in this subject for years to come. It will prove useful to researchers by showing intriguing connections among a wide variety of subjects that are rarely discussed together in the same book. And it will be an important resource for policy-makers, who increasingly find themselves dealing with complex issues of growth, inequality, poverty, and social welfare. 'An elegant, insightful, and extremely effective textbook on development economics. It combines astute theoretical reasoning with a firm grip on empirical circumstances, including institutional possibilities and limitations. There is real originality here without sacrificing usefulness and accessibility.' - Amartya Sen, Winner of the 1998 Nobel Prize for Economics, Harvard University

Product Identifiers

Publisher
Princeton University Press
ISBN-10
0691017069
ISBN-13
9780691017068
eBay Product ID (ePID)
87296944

Product Key Features

Author
Debraj Ray
Publication Name
Development Economics
Format
Hardcover
Language
English
Subject
Government, Business, Economy & Industry
Publication Year
1998
Type
Textbook
Number of Pages
872 Pages

Dimensions

Item Height
254mm
Item Width
178mm
Weight
1673g
Height
254mm
Width
178mm
Item Weight
1673g

Additional Product Features

Title_Author
Debraj Ray
Genre
Economics: Professional & General
Country/Region of Manufacture
United States

Item description from the seller

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BOOKS ETC LIMITED
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