Book DescriptionThe Process of Economic Development is a textbook with a story to tell. It discusses development from the colonial era to the present in Latin America, Asia and Africa. Encompassing a nice blend of classical development ideas and current theory, the book helps students gain a balanced picture. A close examination of recent events is integral to the book, with discussions ranging from the environment to the debt crisis, and from export-led industrialization to import substitution, endogenous growth theory and technological capability. Throughout, the authors focus on income distribution, poverty, and social issues and the book has an accessible style and format. Plentiful diagrams, boxed and user-friendly summaries, and end of chapter questions help the reader to grasp many-faceted topics.

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