Economic Development: A Regional, Institutional, And Historical Approach

✍ Scribed by Richard Grabowski, Sharmistha Self, Michael P. Shields

• Publisher: Sharpe Reference
• Year: 2006
• Tongue: English
• Leaves: 337
• Edition: illustrated edition
• Category: Library

✦ Synopsis

This innovative work provides an introduction to economic development in both an historical and contemporary, comparative, and systems framework. The volume takes a regional approach, with the theory developed within regional contexts. This leads to the second innovative aspect, an emphasis on institutional structures unique to each region. Third, the authors analyze the development process within the historical context of each region, and consider institutional inheritance from both the pre-colonial and colonial eras and in contemporary times.

✦ Table of Contents

Contents......Page 8
Tables, Figures, and Maps......Page 12
Preface......Page 14
Acknowledgments......Page 16
1 Introduction to Economic Development......Page 20
Growth Versus Development......Page 22
History of Development Theory......Page 29
Changes in Recent Development Thinking......Page 44
What Lessons Have We Learned and Where Do We Go From Here?......Page 48
References......Page 50
Appendix An Alternative Explanation of the Neoclassical Growth Model......Page 52
2 European Emergence......Page 56
Growth During the Industrial Revolution......Page 57
Agricultural Growth......Page 59
Protoindustrialization and Trade......Page 63
Exploitation and Slavery......Page 66
The Evolution and Role of Political Institutions......Page 71
Culture and Nationalism......Page 77
Culture and Technology......Page 81
What We Have Learned......Page 84
References......Page 86
3 East Asian Experience......Page 90
Early Experiences of Japan and China......Page 92
Catching Up:A Neoclassical View......Page 100
Catching Up:A Role for the State......Page 105
Catching Up:Japanese Success......Page 111
Catching Up:Early Chinese Failure......Page 116
Taiwan and Korea......Page 120
What We Have Learned......Page 127
References......Page 129
Appendix......Page 130
4 Sub-Saharan Africa......Page 134
Precolonial Period......Page 135
The Colonial Era......Page 137
Patron-Client Political Structure......Page 141
Urban-biased Policy......Page 146
Urban Bias and Migration......Page 147
Risk Management and Lineage Groups......Page 151
Lineage Groups,Fertility,and the Demographic Transition......Page 156
The Failed State......Page 160
Botswana:A Success Story......Page 162
What We Have Learned......Page 166
References......Page 167
5 South Asia......Page 170
Preindependence India......Page 172
India After Independence......Page 176
A Theoretical Framework......Page 184
Population Growth and Unemployment......Page 191
Poverty......Page 195
Dependence on Agriculture......Page 196
Religion and Caste......Page 198
Gender Bias......Page 200
Education......Page 204
What We Have Learned......Page 206
References......Page 210
6 Latin America......Page 214
The Colonial Period......Page 217
Independence and Trade......Page 219
Export Expansion and Growth......Page 220
Import-Substitution Industrialization......Page 222
Globalization and the International Monetary Fund......Page 225
Inflation......Page 231
Population Growth......Page 233
Solving the Commitment Problem......Page 234
What We Have Learned......Page 237
References......Page 239
Early Economy in the Precolonial Era......Page 242
The Precolonial and Colonial Eras......Page 245
The Emergence of Nation-States......Page 248
Petroleum Exports and the Petroleum Exporters......Page 249
Petroleum and Nonpetroleum Exporters in MENA......Page 256
What We Have Learned......Page 263
References......Page 265
8 Economies in Transition: Socialist to Market......Page 268
Economic Systems......Page 270
Economic Performance of Socialism......Page 272
Some Analysts on Transition......Page 276
The Russian Experience......Page 281
The Chinese Experience......Page 283
Explanation for Different Reform Paths......Page 289
Sustainable Growth......Page 290
What We Have Learned......Page 303
References......Page 304
9 Conclusions: What Have We Learned?......Page 307
Impact of Colonization......Page 308
Role of the State......Page 310
Role of Democracy......Page 313
Tying It All Together......Page 316
References......Page 317
About the Authors......Page 318
Index......Page 320