Description

Features

• Delves into recent debates on globalization and its meaning for developing countries.
• Considers current micro policies, including microcredit, incentives for child schooling, integrated health, education, and income generation programs.
• Examines the political economy of development policymaking and the state, including issues in governance and civil service reform.
• Includes enhanced material on Sen's "capabilities" approach to poverty and the meaning of development.
• Discusses development participation and strategies for making it work better in the field.
• Looks at development insights from the economics of imperfect information and the new institutional economics.
• Explores human capital with complete coverage of both health and education as vital contributions to growth and as key development objectives in their own right.

New To This Edition

• Reorganization from four parts to three provides a more streamlined sequencing for economic development courses.
• Fourteen new country case studies target pertinent issues, such as ‘Divergent Development: Pakistan and Bangladesh ’ and ‘Understanding a Development Miracle: China’.  Thoroughly updated and revised comparison case studies provide the most current illustrations of policy and its outcomes.
• Chapter 1 contains enhanced coverage of Millennium Development Goals, the new benchmark for major development organizations.
• A new Chapter 2, Comparative Economic Development, thoughtfully combines Chapters 2 and 3 from the previous edition to present a concise discussion of the characteristics of developing countries.
• A new discussion in Chapter 5, Poverty, Inequality, and Development, explores chronic and structural poverty.
• Chapter 9, Agricultural Transformation and Rural Development, presents new research on rural development economics and the green revolution.
• Chapter 11, Development Policymaking and the Roles of Market, State, and Civil Society, introduces extended coverage of non-governmental organizations and demonstrates how they compare with government and private sectors.
• Chapter 14, Balance of Payments, Developing Country Debt, and Issues of Macroeconomic Stabilization, takes a critical look at the World Bank and the burden of debt.
• The latest data, policy, and events have been integrated throughout the book.

Table of Contents

I. PRINCIPLES AND CONCEPTS. 
     1. Economics, Institutions, and Development: A Global Perspective.

     2. Comparative Development: Differences and Commonalities among Developing Countries.

     3. Classic Theories of Economic Development.  

     4. Contemporary Models of Development and Underdevelopment.

     5. Poverty, Inequality, and Development.

     6. Population Growth and Economic Development: Causes, Consequences, Controversies.

     7. Urbanization and Rural-Urban Migration: Theory and Policy.

     8. Human Capital: Education and Health in Economic Development.

     9. Agricultural Transformation and Rural Development.

    10. The Environment and Development.

    11. Development Policymaking and the Roles of Market, State, and Civil Society.

III. PROBLEMS AND POLICIES: INTERNATIONAL AND MACRO.

    12. Trade Theory and Development Experience.

    13. The Trade Policy Debate: Export Promotion, Import Substitution, and Economic Integration.

    14. Balance of Payments, Developing Country Debt, and Issues in Macroeconomic Stabilization.

    15. Foreign Finance, Investment, and Aid: Controversies and Opportunities.

    16. Financial Reform and Fiscal Policy.

    17. Critical Issues for the Twenty-First Century: Globalization, Technology Transfer, the Environment, Africa, and International Economic Reform.

Next Edition(s)

• Economic Development, 11/E
  Todaro & Smith
  ©2012  |  Prentice Hall  |  Cloth; 832 pp  |  Instock
  ISBN-10: 0138013888  |  ISBN-13: 9780138013882
  Suggested retail price: $206.67  Buy from myPearsonStoreNet price: $155.00  (What's this?)Brief Description  | 

  

  For courses on economic development.

   

  A complete, balanced introduction to the theory, issues, and latest research.
  
  

  Economic Development—the leading textbook in this field—provides students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies so students see how theory relates to the problems and prospects of developing countries.

   

  The eleventh edition offers new sections on the global financial crisis and violent conflict. 

  More Info
  

• Economic Development, 10/E
  Todaro & Smith
  ©2009  |  Prentice Hall  |  Paper; 896 pp  |  Instock
  ISBN-10: 0321485734  |  ISBN-13: 9780321485731
  Suggested retail price: $206.67  Net price: $155.00  (What's this?)Brief Description  | 

  

  Economic Development is the leading textbook in this field, providing a complete and balanced introduction to the requisite theory, the driving policy issues, and the latest research.
  
  Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies so students see how theory relates to the problems and prospects of developing countries. In the Tenth Edition, the authors integrate new discussions of hot topic research areas such as gender, colonialism, and natural resources, and they update the extensive applications, data, and country-specific case studies throughout.
  

  More Info
  

Companion Website for Economic Development, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0321303709  |  ISBN-13: 9780321303707
This online resource is available at no cost at http://www.aw-bc.com/todaro_smith.
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Online Instructor's Manual, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0321350928  |  ISBN-13: 9780321350923

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Online PowerPoint, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  Electronic Supplement  |  Available
ISBN-10: 0321350944  |  ISBN-13: 9780321350947

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Companion Website for Economic Development, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0321303709  |  ISBN-13: 9780321303707
This online resource is available at no cost at http://www.aw-bc.com/todaro_smith.
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Companion Website for Economic Development, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0321303709  |  ISBN-13: 9780321303707
This online resource is available at no cost at http://www.aw-bc.com/todaro_smith.
More Info

Companion Website for Economic Development, 9/E
Todaro & Smith
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0321303709  |  ISBN-13: 9780321303707
This online resource is available at no cost at http://www.aw-bc.com/todaro_smith.
More Info

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