Presenting both classic pieces and the most up-to-date arguments in the debates about issues of economic growth and inequality, this is a guide to understanding the causes and dynamics of persistent income gap between rich and poor countries, as well as rich and poor within the poor countries.

An analysis of the economic mechanisms that produce wealth in the midst of growing misery.

Upon its publication in 1989, this was the first systematic and comprehensive analysis of the Latin American School of Development and an invaluable guide to the major Third World contribution to development theory. The four major strands in the work of Latin American Theorists are: structuralism, internal colonialism, marginality and dependency. Exploring all four in detail, and the interconnections between them, Cristobal Kay highlights the developed world’s over-reliance on, and partial knowledge of, dependency theory in its approach to development issues, and analyses the first major challenges to neo-classical and modernisation theories from the Third World.

Corruption, for most of us, almost immediately evokes images of the third world especially countries like Nigeria, Mexico and India. Whilst we may concede that corruption exists in developed countries it is generally thought to be under control. Despite such widely-held views there is very little hard evidence on the actual extent of corruption in any country. This book strives to look behind impressions in an attempt to determine what factors underlie the high profile of corruption in UDCs. For an adequate understanding of the phenomenon the global character of corruption is emphasized as well as the necessity of locating within a broader process of economic and social change.

Examines the issues of development and underdevelopment in different countries around the world. Suggested level: senior secondary.