Economics of Development:Toward Inclusive Growth

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This book discusses the elements of development and inclusive growth from a critical perspective and provides a fresh view of the dynamic relationship between development, growth, equity, and poverty. The second, revised and updated, edition of Economics of Development: Toward Inclusive Growth continues to focus on the argument that rather than concentrating on growth, income distribution, and poverty reduction separately, the basic objective of development policies should be to achieve inclusive growth. This book looks at the issues of development in comparative light, and investigates and analyzes successful and unsuccessful policies implemented by developing economies. A result of decades of research and years of experience in policy formulation and implementation, the textbook lucidly elaborates upon the origin and progress of development revolution, the liberalist model, and the human development approach to inclusive growth. Key Features • The change in nature of world capitalism and its implications for growth possibilities of the developing countries. • The enlarged scope of globalization (essentially an international extension of capitalism) at the cost of the vital interests of the developing countries. • The “behavioral economics revolution” involving introduction of psychology in economics, which challenges the assumption of rationality in economic thinking.

Preface to the Second Edition \\ Preface to the First Edition \\ Acknowledgements \\ PART I: SPREADING OUT THE WINGS \\ Rival Perspectives on Development Policies for Inclusive Growth Since 1950: A Preview \\ Development Experience \\ PART II: ANATOMY OF DEVELOPMENT REVOLUTION \\ The Development Revolution Revisited: Was It Real? \\ The Mainsprings of Development Revolution \\ Development Revolution: Was It Open or Closed? \\ Development Revolution’s Pursuit of Inclusive Growth \\ PART III THE LIBERALIST DYSTOPIA \\ The Neoliberalist Disorder \\ The Chemistry of Neoliberalism \\ Liberalist Moral Rights Philosophy and Its Economic Agenda \\ Liberalism’s (Non) Pursuit of Inclusive Growth \\ PART IV: ROLLING BACK THE LIBERALIST TIDE \\ Theoretical Challenges to Liberalism \\ The Downside of Privatization \\ Structural Adjustment Programs Have Not Helped \\ Part V: THE HUMAN DEVELOPMENT INITIATIVE \\ Human Development Paradigm \\ The Human Development-led Strategy \\ Choice between a Human Development-led Strategy and a Growth-mediated Strategy \\ The Human Development Paradigm: Some Distinguishing Characteristics \\ The Moral Basis of Human Development Program \\ PART VI: TOWARD INCLUSIVE GROWTH STRATEGY \\ Outlines of the Proposed Inclusive Growth Strategy \\ Basic Relationships among Growth, Equity, and Poverty and Inclusive Growth \\ The Moral Motivation of the Inclusive Growth Strategy \\ Behavioral Economics, Welfare State, and Inclusive Growth \\ Holding Mirror to “Reality” \\ Bibliography \\ Index

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Economics of Development:Toward Inclusive Growth 经济发展：实现包容性增长 政治经济学

Economics of Development:Toward Inclusive Growth

经济发展：实现包容性增长
政治经济学