What have the social sciences to show for decades of systematic investigation of the problems of economic development? What basic problems have they solved and what remains to be done in the development of viable theoretical approaches to this area of research and policy? In an unusually open discussion, thirty-three experts from the fields of anthropology, economics, political science, geography, sociology, and agriculture here present a stimulating re-examination of their accomplishments and mutual problems, of the progress the disciplines have made, and that which remains.The increased interest of social scientists in their sister disciplines has not been stimulated solely by intellectual exploration into the problems that they share and the particular insights each provides. Much of the interest stems from the groping and searching concern of field workers who find themselves investigating problems and systems which cannot be understood adequately in terms of a single kind of analysis, be it political, social, cultural, historical, or psychological. Fieldwork thrusts upon them the realization that their professional areas of concern overlap and converge upon aspects of life which traditionally (or academically) lie in the domains of other disciplines.A Reappraisal of Economic Development is distinguished by the vitality and spark of scholars of different disciplines interacting with each other. The book's formal essays are deliberately short, leaving the bulk of the volume to intensive, cross-disciplinary investigation of the positions, accomplishments, and proposals of the speakers and their critics. The result is a fruitful re-evaluation of the political, social, and geographic forces affecting economic development in emerging nations and a useful handbook for anyone dealing with the varied problems of foreign aid, health and educational development, labor organization, and foreign business.Andrew H. Whiteford was Geor

Is economic growth good for the environment? A number of economists have claimed that economic growth can benefit the environment, recruiting political support and finance for environmental policy measures. This view has received increasing support since the early 1990s from empirical evidence that has challenged the traditional environmentalist's belief that economic growth degrades the environment. This book reviews the theoretical and empirical literature on growth and the environment, giving an in-depth empirical treatment of the relationship between the two. Various hypotheses are formulated and tested for a number of indicators of environmental pressure. The test results indicate that alternative models and estimation methods should be used, altering previous conclusions about the effect of economic growth on the environment and offering an insight into the forces driving emission reduction in developed countries.

This book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encouragement of rent-seeking, and distraction of policy-makers from more effective reforms. However, the zones also have several unappreciated benefits. They can change the politics of a country, by generating a transition from a system of rent-seeking to one of liberalized open markets. In revealing the hidden promise of SEZs, this book shows how the SEZ model of development can succeed in the future.

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.

Despite his achievements, David Ricardo’s views on money have often been misunderstood and underappreciated. His advanced ideas had to wait until the twentieth century to be applied, and most historians of economic thought continue to consider him as an obsolete orthodox. The last book devoted in tribute to Ricardo as a monetary economist was published more than 25 years ago. Ricardo on Money encompasses the whole of Ricardo’s writings on currency, whether in print, unpublished notes, correspondence, or reported parliamentary speeches and evidence. The aim of the book is at rehabilitating Ricardo as an unorthodox theorist on money and suggesting his relevance for modern analysis. It is divided into three parts: history, theory and policy. The first describes the factual and intellectual context of Ricardo’s monetary writings. The second part puts the concept of standard centre stage and clarifies how, according to Ricardo, the standard regulated the quantity – and hence the value – of money. The final part shows that Ricardo relied on the active management of paper money rather than on flows of bullion and commodities to produce international adjustment and guarantee the security of the monetary system. Published to coincide with the 200th anniversary of the publication of On the Principles of Political Economy, and Taxation, this book will be of great interest to all historians of economic thought and scholars of monetary economics.