D ray development economics princeton university press 1998

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d ray development economics princeton university press 1998

Development Economics by Debraj Ray

Debraj Ray, one of the most accomplished theorists in development economics today, presents in this book a synthesis of recent and older literature in the field and raises important questions that will help to set the agenda for future research. He covers such vital subjects as theories of economic growth, economic inequality, poverty and undernutrition, population growth, trade policy, and the markets for land, labor, and credit. The book takes the position that there is no single cause for economic progress, but that a combination of factors - among them the improvement of physical and human capital, the reduction of inequality, and institutions that enable the background flow of information essential to market performance - consistently favor development. Ray supports his arguments throughout with examples from around the world. The book assumes a knowledge of only introductory economics and explains sophisticated concepts in simple, direct language, keeping the use of mathematics to a minimum.
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HARRIS TODARO MODEL development economics entrance+study material notes

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Debraj Ray

Development Economics

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The study of development in low-income countries is attracting more attention around the world than ever before. Yet until now there has been no comprehensive text that incorporates the huge strides made in the subject over the past decade.

An advanced course in development economics you will be given a thorough exposition of concepts, policy issues and controversies on the causes and characteristics of the wealth and poverty of nations. These series of lectures, without being exhaustive, will draw on classic themes in the subject and will cover recent developments in the literature. It will emphasise the importance of political economy factors, missing and incomplete markets in developing countries and the systemic effects this has on the process of economic development. After an introductory part on concept and theories of underdevelopment, the course will focus on distribution and poverty, institutions, human resources health, education and population , conflict and behavioural factors affecting development and gender. You will also learn about cash transfers, corruption and governance. This is a very theoretical module that is internationally relevant, because it deals with development economics mainly in developing countries using examples from various counties. This module seeks to provide an introduction to the theories, policy issues, controversies and progress in raising standards of living in the developing world.

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  1. If you are instructor in a course that uses Development Economics and wish to have access to the end-of-chapter problems in Development Economics , please e-mail the author at debraj.

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