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Discusses the process of economic reforms in developing countries by reducing state involvement in the economy through privatization, opening up the economy to foreign trade. This book includes such topics as econometric and other empirical modeling tools for development analysis and the role of technology in the development process.
List of contents
Policy Reform, Stabilization, Structural Adjustment and Growth. Introduction (J. Behrman, T.N. Srinivasan). Policy lessons from development experience since the second world war (A. Krueger). Poverty and policy (M. Lipton, M. Ravallion). Power, distortions, revolt and reform in agricultural land relations (H. Binswanger et al.). Human and physical infrastructure: investment and pricing policies in developing countries (E. Jiminez). Structural adjustment, stabilization and policy reform: domestic and international finance (V. Corbo, S. Fischer). Trade and industrial policy reform (D. Rodrik). The contributions of endogenous growth theory to the analysis of development problems: an assessment (P. Bardhan).
Report
"...this is a wonderfully stimulating and comprehensive collection of essays on development economics. It deserves to be on the shelf of every serious scholar of development economics and to be closely read by graduate students working in the area." --Economic Record
"...an impressive accomplishment." --Journal of Economic Literature
"If one ambitiously attempts to make an overall evaluation of these two volumes,one must conclude that the two volumes are excellent and extremely worthwhile for all readers who are interested in development economics. Not only are almost all important problems tackled and very well presented in these two volumes, but also one learns how difficult the various problems of developing countries are and how difficult it is to achieve certain progress in the development of such countries. All chapters have an extremely good reference list so that one easily finds more literature should one desire to study specific problems." --Journal of Economics/Zeitschrift für Nationalökonomie
"One can reasonably expect all development economists to consult this volume extensively, but, as should now be clear, there is something here for everyone. The quantitative tools certainly have applicability beyond development economics, and the thought-provoking chapters on institutions and land will be of wide interest." --Economic Record
"On the whole, list the Ist and II nd volumes, the IIIA and IIIB volumes will be regarded as a collection of some excellent and useful surveys by many leading authorities in the field of development economics. ...together, they make excellent reading and sources of very useful references." --Economics of Planning
