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"A damning denunciation of things as they are, and a platform for how we can do better."—Andrew Leonard, Salon
Dwight H. Perkins (Author, Harvard University), Steven Radelet (Author, The State Department), David L. Lindauer (Author, Wellesley College), Steven A. Block (Author, Tufts University)
A dynamic revision of the most modern development economics textbook.
This classic text has been aggressively revised to incorporate the latest research defining the Development Economics field today.
Agriculture remains key to a healthy economy. The Seventh Edition addresses agriculture’s role in growth and poverty alleviation and the institutions needed to create a robust agricultural sector. Several chapters have been heavily revised with new analysis on how economic development happens, the catalysts behind economic growth, the impact of globalization on developing countries, effective trade policies, and how development policies can be made positive and sustainable.
The Seventh Edition synthesizes the latest economic growth theories with new research on technological change, laws protecting patents and copyright, institutions fostering innovation and invention, government stability, and the rule of law. New study-based policies for lowering population growth rates have also been added. Considering the added and revised chapters of this edition, as well as the five new chapters added to the previous edition, two-thirds of the text has been heavily updated in the past six years.
The authors are all distinguished scholars and practitioners, combining to produce a balanced and authoritative text. New coauthor Steven Block, an esteemed researcher and teacher, brings his expertise in agricultural development to the Seventh Edition.