This volume is the product of a conference on the theme 'Development - the Next Twenty-five Years' which the Institute of Social Studies held in Decem ber 1977 to mark its own twenty-fifth anniversaryas a centre of development studies. We felt it appropriate at that point in time to caU together specialists from all over the world in an attempt to assess the 'state of play' in our field as we move into the last quarter of the twentieth century. 1 For several days, therefore, the Institute's new building house d a remarkable concentration of knowledge and experience concerning the problems of the so-calle d less developed countries, drawn from all over the world. Although it was inevitable that the participants should represent the past (and it was several times re marked that, in that sense, there were too few women present), the earnest and sometimes heated discussions looked to the future as much as to what had happened in the last twenty-five years. As the discussions proceeded, three things became apparent. Firstly , although the papers submitted did not fully reveal it, the ongoing debate between radicals and moderates, those who saw possibilities of change only basically through a direct break with existing structures and those who felt change possibIe within them, is by no means at an end.

A collection of studies that examines the current problems of world development in light of the past twenty-five years, but goes also beyond an examination of that experience to project practical and workable plans for the future

There is growing evidence that overcoming the low-income threshold and reaching middle-income status is not sufficient for countries to converge toward high-income levels. Few middle-income countries have successfully completed that transit in recent decades, with the majority remaining in the middle-income group, and so facing what has come to be called "the middle-income trap". It is therefore essential to explore whether middle-income traps really exist and, if they do, how these pitfalls are manifested, what their causes are, what economic policy measures are required to escape from them, and what international cooperation can do to support this process. Trapped in the Middle? brings together diverse perspectives on these important questions, providing new evidence and analytical approaches to enrich the debate on the domestic and international challenges faced by a significant number of middle-income countries, in which over three-quarters of the global population live.

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sustainable development. Applying a critical and pluralistic approach, the chapters in this Handbook examine economics of development paths under globalisation, focusing on sustainable development in social, environmental, institutional and political economy dimensions. It aims at advancing the frontier of development economics in these key aspects and generating more refined policy perspectives. It is critically reflective in examining effects of globalisation on development paths to date, and in terms of methodological and analytical approaches, as well as forward-thinking in policy perspectives with a view to laying a foundation for sustainable development.