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The book is critical of neoclassical growth analysis and provides an alternative theory of growth performance to the supply orientated approach of neoclassical theory.
This classic, bestselling textbook provides a comprehensive introduction to the field of development economics. An ideal textbook for undergraduate students of economics and other social sciences, it is also suitable for upper undergraduate and master's level modules on development economics as an option on a non-economics degree.
This revised edition includes new material on foreign assistance and debt and has updated statistics and the institutional material. The book aims to provide students with an understanding of the theory and practice of economic development.
Contains a statement of balance-of-payments accounting, and a critical appraisal of balance-of-payments adjustment theory. The book also features chapters on the capital account of balance-of-payments and the theory of exchange rate determination in the United Kingdom.
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